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California  + Los Angeles  + Healthcare  | 

CBRE Closes Sale of La Mirada MOB to Local Investor

CBRE facilitated the sale of Imperial Medical Plaza, a 26,596-square-foot medical outpatient building located at 15651 Imperial Hwy., La Mirada, to a private Los Angeles-based investor. Chris Bodnar, Brannan Knott, Mindy Berman, Zack Holderman, Cole Reethof and Jesse Greshin of CBRE U.S. Healthcare Capital Markets partnered with Chris Manassero of CBRE’s Healthcare Private Capital Group to advise the seller, Ethan Christopher LLC. The sale price was not disclosed.

Imperial Medical Plaza is located approximately 20 miles southeast of Los Angeles. The two-story, multi-tenant MOB is currently 91% leased with a weighted average lease term of four years and is primarily occupied by physicians and dentists. It benefits from its proximity to local medical providers and facilities.

“This transaction reflects private investors’ appetite for stabilized healthcare assets with long-term upside,” said Manassero. “Private capital continues to be a dominant force in the medical outpatient sector, targeting well-located properties with strong fundamentals like the Imperial Medical Plaza.”

Capital, development, leasing, demographics—the trends driving healthcare real estate will all be on the agenda at Connect Healthcare Real Estate. Join the leaders shaping medical office, FSEDs, urgent care centers and hospital investment this October 14–15 in Irvine: www.ConnectHealthcareCRE2025.com 

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CBRE's Manassero

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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