Healthcare Property Advisors (HPA) acquired Imperial Mariner office campus in Brea, CA from AdelFi Credit Union for $80 million. The four-building office and medical office campus totals 288,189 square feet
Imperial Mariner consists of four buildings completed between 2002 and 2008. The complex is currently 89% leased to 15 companies, including St. Jude Heritage Medical Group, NCH Management, EMart America and AdelFi, which will continue to occupy a portion of the campus under a short-term leaseback.
The property is located at 915 – 975 West Imperial Highway & 950 Mariner St. in Brea, California. The 17.4-acre site has underlining zoning that allows for further medical office or future redevelopment into industrial.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
