Advanced Medical Properties Sells Office Asset In Newport Beach For $41M

The office building located at 330 Old Newport Blvd in Newport Beach has been sold for a price of $41,000,000. The property spans across 29,991 square feet, resulting in a price per square foot of $1,367. The transaction took place on April 7, 2021.

Summary of transaction details

• Property Type: Office
• Sale Price: $41,000,000
• Square Footage: 29,991
• Price per Square Foot: $1,367
• Address: 330 Old Newport Blvd
• Market: Newport Beach

The seller of the property was Advanced Medical Properties. The deal was facilitated by a team of brokers including Garth Hogan, Sean Fulp, Mark Schuessler, Ryan Plummer, John Scruggs, and Kevin Shannon from Data to Deals.