Healthcare Realty Acquires Laguna Hills Office For $24.6M

The Saddleback Professional Center, a 73,000-square-foot medical office building located at 24012 Calle De La Plata in Laguna Hills, CA, was recently sold to Healthcare Realty for $24.6 million. The property underwent renovations by seller Miramar Capital, leading to improved operations and enhanced value.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $24,600,000.00
• Address: 24012 Calle De La Plata, Laguna Hills, CA
• Market Value: Largest sale year-to-date with a medical component in South Orange County

Stream Realty Partners' Mike Adams and Morgan Adams, who represented the seller in the transaction, will continue to oversee the leasing activities at the Saddleback Professional Center. The property is strategically positioned near MemorialCare’s Saddleback Medical Center and offers stunning views of the Saddleback Mountains, making it a highly attractive medical office building in the area.