Stockdale Capital Partners has sold two medical offices in Los Angeles to Chicago-based investment manager Harrison Street for $156M.
The MOB purchases included a 55K SF building on Santa Monica Blvd. that has UCLA Health as its primary tenant and a 49K SF property on Wilshire Blvd. that has a single tenant, Cedars Sinai.
The transaction price for the properties is nearly double what Los Angeles-based Stockdale paid for them in 2015, which was about $88M.
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