Sierra Health Buys 62,926 SQFT Medical Clinic for $49.32MM

The Registry Southern California   |   Catherine Sweeney

Posted In — News & Press | In the News

A 62,926 square-foot medical office building in the Eastern San Gabriel Valley recently came under new ownership. In a recent transaction, Magan Medical Clinic was purchased by Sierra Health & Life Insurance Co. for $49.32 million. The property was sold by IRA Capital, according to a Los Angeles third quarter office market report by brokerage firm Kidder Mathews.

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