CRE Awards 2020: Best Medical Sale

Vital Statistics

Property Address: 2100 W. 3rd St., Los Angeles

Square Footage: 147,000

Deal Value: $85 million

CBRE’s Angie Weber and Dana Nialis helped facilitate the $85 million sale of Third Street Medical Center, a 147,000-square-foot medical office building, located at 2100 West 3rd Street in Los Angeles.

Vital Statistics

Property Address: 18433 Roscoe Blvd, Northridge

Square Footage: 30,353

Deal Value: $11,650,000

Yair Haimoff and Matt Sreden of Spectrum Commercial Real Estate led the lease on this unique property. First of all, the property was very hard to come by as it is located adjacent to the Dignity Health Northridge Hospital. Lack of inventory made the property very desirable. The team had multiple offers and interest in the property. Building specs also made this transaction unique. The ultimate buyer almost lost the transaction to another investment firm. Timing was very critical.

Return to Index

For reprint and licensing requests for this article, CLICK HERE.