facebook
Traded Co logo
Submit

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

Property Image
SOLD
$24,600,000

California

See Similar Deals
Office73,000 SF
Sold 06/16/2021
the dealplayerscompscontact
Property Image
SOLD

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

24012 Calle De La Plata

See Similar Deals
Office73,000 SF
Sold 06/16/2021
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$337
Total Square Footage:73,000 SF
Transaction Type:Sale

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
3 deals$38.6M volume
BROKER

BUYER


5 deals$114.8M volume
SELLER

2 deals$43.7M volume
SELLER

Details

SOLD
IMAGE: Ryan Crowley, Laura Carson, Mike Adams, Paul Fuhrman & Jae Yi DATE: 06/16/2021 ADDRESS: 24012 Calle De La Plata MARKET: Laguna Hills ASSET TYPE: Office BUYER: Healthcare Realty - Ryan Crowley & Laura Carson SELLER: Miramar Capital - Paul Fuhrman & Jae Yi BROKER: Mike Adams (@MikeGAdams) - Stream Realty Partners SALE PRICE: $24,600,000 SF: 73,000 ~ PPSF: $336

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,312,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$87,398.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$116,616.55
Annual Debt Service$1,399,398.60