$53M Riverside Medical Office Sale Highlights Healthcare Real Estate Demand [Los Angeles Times (CA)]
Cushman & Wakefield Ltd. Common Shares (CWK)
Last cushman & wakefield ltd. common shares earnings: 2/27 04:09 pm
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Source: Los Angeles Times
The properties, located at 8876 Mission Boulevard in Jurupa Valley and 2813 S. Main Street in Corona , were sold for $25 million and $28 million, respectively. Cushman & Wakefield's healthcare capital markets team, including Travis Ives Gino Lollio and Tyler Morss , represented the seller in the transaction. The properties were acquired by the County of Riverside, the tenant in both buildings. “Medical buildings with investment-grade tenancy and longer lease terms present attractive acquisition opportunities for a wide variety of investor types. In this case, Riverside County was the logical buyer considering their dedication to operating out of these properties long-term and the opportunity to acquire at a significant discount to replacement,” said Ives, in a statement. “The County's acquisition of these mission-critical facilities will result in long-term ownership and control of the assets along with a reduction in their overall cost of occupancy.” The Jurupa Valley Community
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CWK
Earnings
- 2/19/26 - Beat
CWK
Sec Filings
- 3/2/26 - Form 4
- 3/2/26 - Form 4
- 3/2/26 - Form 4
- CWK's page on the SEC website