Jamison Acquires 143,000 SF for $29M

WHITTIER, CA-Jamison Properties of Los Angeles has acquired two office buildings totaling 143,339 sf from Broadreach Capital Partners for $29 million in a transaction brokered by Cushman & Wakefield’s Southern California capital markets group. The buildings, one of them five stories and the other four stories, are located at 15141 and 15111 Whittier Blvd.

The Cushman & Wakefield team representing the seller was led by managing director Marc Renard and included Manfred Schaub and Alison Berglas. Jamison Properties represented itself.

According to Renard, the property generated “tremendous investor interest for this asset.” In addition, Renard comments that, “Based on the compelling demographics driving the demand for healthcare services, the capital markets are very positive on the future performance of medical office buildings.”