Healthcare Property Advisors Acquires Office Portfolio In Brea, CA For $80M

Healthcare Property Advisors has acquired an office property located at 915-975 W. Imperial Highway & 950 Mariner Street in Brea, CA. The property spans approximately 288,058 square feet and was sold for a total of $80,000,000, resulting in a price per square foot of $278. The transaction took place on 12/13/2022 and involved AdelFi Banking as the seller.

Summary of transation details

• Property Type: Office
• Transaction Amount: $80,000,000
• Square Footage: 288,058
• Price Per Square Foot: $278
• Address: 915-975 W. Imperial Highway & 950 Mariner Street, Brea, CA
• Market: Brea, CA

The deal was facilitated by brokers Blake Bokosky, Louis Tomaselli, and John Chun from JLL, who represented and worked with Healthcare Property Advisors throughout the transaction.