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California  + Orange County  + Healthcare  | 

Owner-User Acquires Newport Beach Medical Offices

CBRE facilitated the $5-million sale of 1419 Superior Ave., an 8,935-square-foot medical office building in Newport Beach, to a local owner-user. The firm’s Anthony DeLorenzo, Sammy Cemo, Bryan Johnson and Harry Su represented the seller, Equity Enterprises LTD.

“Medical office demand has continued to perform exceptionally well with the limited inventory and healthcare expansion occurring in Orange County,” said Cemo.  “We sourced multiple offers but ultimately selected an owner-user that benefited from the Hoag proximity and the incredible Newport Beach demographics.”  

Situated in a prime location across from Hoag Newport Beach, a 498-bed acute care hospital, the property includes zoning that supports medical office use and is currently 62% leased to four tenants. In addition to its location near major healthcare facilities, 1419 Superior also benefits from a variety of retail and lifestyle amenities, including Lido Village, Triangle Square, Newport Beach Peninsula and the beaches of Newport Beach.

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CBRE's Cemo

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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