California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
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
- ◦Sale/Acquisition

