California medical office acquired for $28.1M

Buchanan Street Partners has acquired an office building in Laguna Beach for $28.1 million. The property was purchased from a fund manager in New York City, according to a Dec. 21 report from globest.com.

Oakbrook Plaza is a four-story, 120,354-square-foot property located in close proximity to MemorialCare Saddleback Medical Center, along with several retirement homes.

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