SOLD
Lionstone Investments Acquires 146,510 SF Medical Office In Newport Beach For $125M
351 & 361 Hospital Road
146,510 SF
Summary
Sale
CALIFORNIA
146,510 sqft
The medical office property located at 351 & 361 Hospital Road in Newport Beach has been sold. The property spans across 7 acres and is situated in the Newport Beach market. The transaction took place on February 3, 2022.
Summary of transation details
- Property Type: Medical Office
- Transaction Amount: $125,000,000
- Address: 351 & 361 Hospital Road, Newport Beach
- Square Footage: 146,510
- Price per Square Foot: $853
The buyer of the property is Lionstone Investments, while the seller is Newport Lido Medical. The deal was facilitated by the brokers Andrew Milne, Evan Kovac, John Chun, Niema Beglari, Matt DiCesare, Chad Prescher, Trent Jemmett, Blake Bokosky, Mark DeGiorgio, Monica Enes, and Kellie Hill of JLL.
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All
13
Agents
11
Agencies
2
Details
SOLD
IMAGE: Andrew Milne, Evan Kovac, John Chun, Niema Beglari, Matt DiCesare, Chad Prescher, Trent Jemmett, Blake Bokosky, Mark DeGiorgio, Monica Enes & Kellie Hill
DATE: 02/03/2022
ADDRESS: 351 & 361 Hospital Road
MARKET: Newport Beach
ASSET TYPE: Medical Office ~ ACRES: 7
BUYER: Lionstone Investments
SELLER: Newport Lido Medical
BROKERS: Andrew Milne, Evan Kovac, John Chun, Niema Beglari, Matt DiCesare, Chad Prescher, Trent Jemmett, Blake Bokosky, Mark DeGiorgio, Monica Enes & Kellie Hill - JLL
SALE PRICE: $125,000,000
SF: 146,510 ~ PPSF: $853View on map
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Address351 & 361 Hospital Road
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