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Industry Pulse: California Dreamin’: Mob Fetches $613 Psf

Dermatologist buys West Los Angeles MOB for $4.7 million

The two-story, 7,658 square foot, off-campus MOB sold for $4.7 million.

If you think California medical office building (MOB) prices are cooling, think again.

Coldwell Banker Commercial WESTMAC announced March 12, that it arranged the sale of the two-story, 7,658 square foot Bryan Medical Building at 11669 Santa Monica Blvd. in West Los Angeles for $4.7 million, or about $613 per square foot (PSF).

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