A small medical office building in Glendale sold earlier this month for a big price.

CNL Healthcare Properties, a real estate investment trust out of Orlando, Fla., purchased the Lee Hughes Medical Building at 1500 E. Chevy Chase Drive for $29.9 million, nearly $443 a square foot.

Glendale Adventist Medical Center was the seller in the deal, which closed Oct. 6. The four-story Class B medical office building is now the only building on the 500-bed medical campus not owned by the hospital. Built in 2008, the nearly 67,500-square-foot office building, with a sky bridge connecting it to the main hospital, was 97 percent leased at the time of sale.

Stephen Mauldin, chief executive of CNL, said he was excited to strengthen the trust’s presence in Southern California.

“As a newer, stabilized on-campus property in one of the nation’s largest metropolitan areas, this property was an attractive fit for our growing portfolio of health care facilities,” he said in a statement.

Before purchasing the Glendale property, CNL, which focuses on senior housing and health care facilities, had about $1.46 billion invested in 85 properties in 27 states.