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California  + Los Angeles  + Office  | 

Seavest Acquires MLK Jr. Community Hospital MOB from Trammell Crow

White Plains, NY-based Seavest Healthcare Properties LLC acquired the newly built 52,000-square-foot Martin Luther King (MLK) Jr. Community Hospital medical office building on the campus of the MLK Jr. Community Hospital in Willowbrook, south of DTLA. Trammell Crow Company sold the asset for $43.25 million.

The two-story MOB property at 12021 S. Wilmington Ave. is ideally located at the gateway entrance to a recently constructed $1-billion-plus medical campus that includes the 131-bed Martin Luther King Jr. Community Hospital, a not-for-profit acute-care provider, as well as other services. The MOB is fully leased to MLK Los Angeles Healthcare Corporation, the not-for-profit organization formed by the county to operate the new hospital campus.

Seavest’s Jonathan “John” Winer indicated this “core acquisition” is part of the firm’s latest fund, Seavest Properties V.

CBRE’s Chris Bodnar and Lee Asher brokered the sale.

For comments, questions or concerns, please contact Dennis Kaiser

Read More News Stories About: Trammell Crow
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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Development
  • ◦Sale/Acquisition
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