Compass Brokers Sell Beverly Hills Surgical Center For $8.5M

The sale of Beverly Hills Surgical Center has been completed. This freestanding medical office building is located at 250-256 S La Cienega Blvd in Beverly Hills, CA. Situated near the highly visible and prestigious corner of Wilshire and La Cienega Boulevards, this property is in an internationally well-known submarket with exceptional fundamentals. It is one of the few privately-owned medical office buildings in the city that includes an ambulatory surgical center on the ground floor and an on-site parking lot. With limited sale inventory available in the area, this transaction represents a significant opportunity in the market.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $8,500,000
• Square Footage: 6,386
• Price per Square Foot: $1,331
• Address: 250-256 S La Cienega Blvd, Beverly Hills, CA
• Market: Beverly Hills, CA

Compass Commercial, represented by Oliver Ghadoushi and Greg Engel, facilitated the sale of this prestigious property. The brokers at Compass are proud to have successfully closed this transaction, showcasing their expertise in the Beverly Hills market. This deal highlights the demand for privately-owned medical office buildings and the significance of having an ambulatory surgical center on the premises. With outstanding fundamentals and limited inventory, the sale of Beverly Hills Surgical Center presents a unique investment opportunity in the heart of Beverly Hills.