Globest – Buchanan Street Partners Buys CA Medical Office From NY-Based Fund Manager

This article originally appeared in Globest.

 December 21, 2022

Conversion property in Laguna Hills, CA was purchased for $28.1million.

LAGUNA HILLS, CA–Buchanan Street Partners acquired Oakbrook Plaza, a four-story, 120,354-square-foot office property in Laguna Hills, CA. Buchanan is purchasing the building, at 24422 Avenida De La Carlota, from a New York City-based fund manager for $28.1 million in an off-market transaction.

The property is located less than one mile from MemorialCare Saddleback Medical Center and near several retirement communities.