Los Angeles – July 30, 2026 – CBRE facilitated the sale of Fresenius Woodland Hills, a 21,080 sq. ft. medical outpatient building (MOB) located at 20931 Burbank Boulevard in Woodland Hills, California, to a private investor.
Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof and Jesse Greshin of CBRE U.S. Healthcare Capital Markets partnered with Toby Scrivner, Scott Briggs and Kelly Largent of Northmarq’s National Healthcare Group to act as the exclusive advisors to the seller, Adler Realty Investments.
Fresenius Woodland Hills is a recently renovated, one-story, single-tenant dialysis clinic located within Warner Center Corporate Park in Woodland Hills, an affluent Los Angeles submarket. Originally constructed in 1984 and fully modernized in 2025 to Fresenius Kidney Care’s specifications, the $5.34 million in improvements included a new roof, 12 new rooftop HVAC units, installation of emergency power with generator and ATS, water treatment system infrastructure, specialty plumbing for dialysis stations and a full interior medical conversion. The facility houses 33 dialysis stations and supports outpatient treatment, patient training, equipment storage/repair and administrative uses. Fresenius Kidney Care operates under a lease guaranteed by Fresenius Medical Care Holdings, Inc., the world’s leading provider of dialysis products and services, serving more than 332,000 patients globally across 4,000+ clinics. The tenant recently executed a long-term lease with approximately 13 years of term remaining.
“This was a rare opportunity to acquire a mission-critical healthcare facility in an affluent Los Angeles community, leased to a global leader in kidney care under a long-term lease with built-in rental growth and minimal landlord obligations,” said Bodnar, a Vice Chairman with CBRE’s U.S. Healthcare Capital Markets practice. “The U.S. dialysis market continues to expand, with growth driven by aging demographics and rising prevalence of diabetes and hypertension, making dialysis one of the most resilient sectors in healthcare real estate.”
The property is ideally situated in Warner Center, a premier Los Angeles submarket anchored by major employers, retail and healthcare providers such as Kaiser Permanente Woodland Hills Hospital. The site benefits from excellent visibility, strong demographics, and proximity to US-101 (the Ventura Freeway), providing regional access throughout the San Fernando Valley and into Greater Los Angeles.
About the seller, Adler Realty Investments, Inc.
Adler Realty Investments, Inc. is a real estate investment firm established in 1996, with over 5.9 million square feet of properties acquired or developed since inception. Adler is recognized for its distinctive capability to consistently deliver superior market returns to investors through adept identification of investment and development prospects, comprehensive market analysis, proficient transaction execution, and optimal implementation of business strategies. For more information, visit: www.adler-realty.com and www.adler-industrial.com.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $80 billion and has completed $91.3 billion in transactions over the past four years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2025 revenue). The company has more than 155,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, data center solutions); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
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