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News Release: Just Sold – Inland Empire (Calif.) Medical Asset Traded for $305 PSF

5153 Holt

Holt Medical Center

Montclair, California

JUST SOLD

CBRE’s Investment Properties-California/Arizona/Nevada team is pleased to announce the sale of Holt Medical Center, located at 5153 Holt Boulevard in Montclair, California, for $305 PSF. The 12,453-square-foot property was originally built in 2006 on a 1.03-acre lot. The single-story building was 100 percent leased to seven tenants at the time of sale, with a weighted average lease term remaining of 5.02 years.

Sammy Cemo, Anthony DeLorenzo, Gary Stache, Doug Mack, Bryan Johnson and John Oien of CBRE represent the seller, an Orange County-based private investor. The buyer, a private investor, was completing a 1031 exchange.

“Healthcare real estate has proven its resiliency during turbulent times, which have fueled investor interest in this product type,” said Cemo. “Holt Medical Center is a very stable asset in a strong medical office market; it is strategically located within a 15-minute drive from six major medical hospitals.”

Our team, built with a market-leading database and led by an integrated team of experts across nine Western U.S. markets, provides investors with an unrivaled advantage. Our clients have access to a best-in-class marketing platform, local market expertise in any U.S. market, and a dedicated team of financial analysis, due diligence and transaction professionals at their discretion.

To date, we continue to observe strong transaction activities despite COVID headwinds. If you would like us to advise you on your next acquisition, please give us a call.

Don’t miss out on the next investment opportunity.

Gary Stache
Lic. 00773736
+1 949 725 8532
gary.stache@cbre.com

Sammy Cemo
Lic. 01958704
+1 949 418 2043
sammy.cemo@cbre.com

Anthony DeLorenzo
Lic. 01706686
+1 949 725 8425
anthony.delorenzo@cbre.com

Doug Mack
Lic. 01804056
+1 949 725 8571
doug.mack@cbre.com

Bryan Johnson
Lic. 02018612
+1 949 809 3762
bryan.johnson@cbre.com

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Specializing in the sale of Office, Medical Office, and Industrial properties in California, Arizona and Nevada.

IN 2020, OUR TEAM SOLD 77 PROPERTIES TOTALING OVER $1.1 BILLION.

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