CBRE: CBRE Directs Sale of 8,935 SF Medical Office Building in Newport Beach, California

NEWPORT BEACH, CALIF. - CBRE has facilitated the sale of 1419 Superior Avenue, a medical office building in Newport Beach, to a local owner-user. Equity Enterprises Ltd. sold the property for $5 million. Anthony DeLorenzo, Sammy Cemo, Bryan Johnson and Harry Su of CBRE represented the seller in the deal. Situated across from the 498-bed acute care hospital Hoag Newport Beach, the 8,935-square-foot building was 62 percent leased at the time of sale to four tenants.The post CBRE Directs Sale of 8,935 SF Medical Office Building in Newport Beach, California appeared first on REBusinessOnline.