The three-story, 54,246 square foot medical office building at 2825 Santa Monica Blvd. in Santa Monica, Calif., was recently acquired by Los Angeles-based Stockdale Capital Partners for $38.5 million, or $710 per square foot.
Photo courtesy of Lincoln Property Company
Investor pays $38.5 million for asset in Santa Monica, Calif., healthcare corridor
By John B. Mugford
Los Angeles-based Stockdale Capital Partners, which started out of a family office 25 years ago, recently acquired a medical office building (MOB) in Santa Monica for $38.5 million, or $710 per square foot (PSF).
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