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Kaiser Sews Up $14.5-Mil Anaheim Deal

ANAHEIM, CA-The not-for-profit health group acquires a 220,000-sf manufacturing plant, with plans to demolish it and build a multi-story, patient-care center in its place. The plant stands on a 15.5-acre parcel in Anaheim.

By Erin Cassin | Updated on October 23, 2001

ANAHEIM, CA-Kaiser Permanente, the nation’s largest not-for-profit health maintenance organization, has sewed up a $14.5-million acquisition in Anaheim.

The group has purchased a 220,000-sf manufacturing plant, with plans to demolish it. “In this case, the value of the 15.497-acre parcel on which the building is located, was the motivating factor for Kaiser’s acquisition,” says Rob Socci of Voit Commercial Brokerage, who worked on the deal. Kaiser plans to build a multi-story, patient-care center on the site, which is located at 3400 E. LaPalma Ave.

Kaiser currently serves 8.1 million members in nine states and the District of Columbia. Working as an integrated health delivery system, the group organizes and provides or coordinates members’ care.

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