Transactions: Beverly Hills MOB tops $1,500 PSF

Archways Holdings Corp. recently sold the MOB at 9033 Wilshire Blvd. in Beverly Hills, Calif., for a whopping PSF of more than $1,500. UBS Realty Investors LLC recently paid $75.05 million for the 49,663 square foot facility. Photo courtesy of Archway Holdings Corp.

Archways Holdings Corp. recently sold the MOB at 9033 Wilshire Blvd. in Beverly Hills, Calif., for a whopping PSF of more than $1,500. UBS Realty Investors LLC recently paid $75.05 million for the 49,663 square foot facility.
Photo courtesy of Archway Holdings Corp.

Archway Holdings, which bought the asset in 2008, sells it to UBS affiliate

By John B. Mugford

Anytime a medical office building (MOB) with a Beverly Hills, Calif., address sells, one can rest assured that the sales price will be quite eye popping. And that’s exactly the case with the recent transaction involving the building at 9033 Wilshire Blvd., at the intersection with Wetherly Drive.

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