Healthcare Realty Trust Inc. Acquires Office Property In Laguna Woods For $13.1M
24361 El Toro Road
$13,100,000
$250/SF
Building Size
52,400 SF
Asset Type
Office
Closing
Feb 21, 2021
AI
Healthcare Realty Trust Inc. has acquired an office asset in Laguna Woods for a price of $13,100,000. The property, located at 24361 El Toro Road, spans across 52,400 square feet and was sold on February 22, 2021. The sale price translates to a per square foot value of $250. The transaction was facilitated by CBRE.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $13,100,000
- Square Footage: 52,400
- Price per Square Foot: $250
- Address: 24361 El Toro Road
- Market: Laguna Woods
Kris Douglas, Rob Hull, John Bryant Jr., Todd Meredith, and David Emery represented Healthcare Realty Trust Inc. as the buyers in this transaction. The acquisition was completed with the assistance of CBRE, who acted as the brokers. The deal highlights the active involvement of these key individuals and companies in the Laguna Woods office market.
Players
Laguna Woods 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
1.21%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93