Broker has handled four dispositions for the real estate investment firm in the past year
By John B. Mugford
The 41,603 square foot La Quinta (Calif.) Medical Center Medical Office Building, which sold for $25 million, or about $600 per square foot, is one of four assets Newmark Knight Grubb Frank has sold for Accretive Realty Investment in the past year. (Photo courtesy of NGKF)
In about the span of a year, the Global Healthcare Services team at Newmark Grubb Knight Frank (NGKF) completed the dispositions of four healthcare real estate (HRE) facilities in Southern California for Irvine, Calif.-based Accretive Realty Investment LLC.
The latest closing took place in fall 2014, when Accretive Realty sold
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