An office building adjacent to Cedars-Sinai has traded hands for $7.2 million between two private investors. The 5,100-square-foot property currently has mixed tenancy with office, medical and retail; however, the new ownership plans to use the property for medical office.

Located at 8741 Alden, the property is a stand-alone bow-truss building originally built in 1947.

NKF's senior managing directors Steven Salas and Daniel Chiprut represented the seller, a local family office, in the deal.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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