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24012 Calle De La Plata

Healthcare Realty Acquires Office Building In Laguna Hills For $24.6M
SOLDOffice

Healthcare Realty Acquires Office Building In Laguna Hills For $24.6M

24012 Calle De La Plata

$24,600,000

$337/SF

Building Size

73,000 SF

Asset Type

Office

Closing

Jun 16, 2021

AI

Healthcare Realty has acquired an office property in Laguna Hills for a total price of $24,600,000. The property, located at 24012 Calle De La Plata, spans 73,000 square feet, resulting in a price per square foot of $336. The sale was completed on June 16, 2021.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $24,600,000
  • Address: 24012 Calle De La Plata, Laguna Hills
  • Square Footage: 73,000
  • Price Per Square Foot: $336

The buyer in this transaction was Healthcare Realty, represented by Ryan Crowley and Laura Carson. Miramar Capital acted as the seller, with Paul Fuhrman and Jae Yi representing the company. The sale was facilitated by Mike Adams from Stream Realty Partners.

Players

Mike Adams

Stream Realty Partners⁠

Broker

$38.6M

vol

3 deals

Broker
HR
Healthcare RealtyBuyer

Paul Fuhrman

Miramar Capital

Seller

$414.8M

vol

6 deals

Seller

Laguna Hills Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.64%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93