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Four Medical Condominiums Sell for 2.8 Million

27335 Tourney Road Photo

Spectrum Commercial Real Estate Announces Successful $2.8 Million Sale of Medical Office Condos in Valencia, California.

Valencia, CA – December 27, 2023 – Executive Managing Director Yair Haimoff, SIOR of Spectrum Commercial Real Estate, Inc., is pleased to announce the recent owner-user sale of another four medical office condos located at 27335 Tourney Road, Valencia, California, for a purchase price of $2.8 million.

27335 Tourney Road is a Class-A, three-story medical office condominium complex in Valencia, California, a bustling region of the Santa Clarita Valley. The four medical condominiums span approximately 5,635 square feet on the ground floor of Tourney Place/Building 6. The complex features state-of-the-art construction, an elegant lobby, high ceilings, and a wrap-around window with beautiful views.

This property is situated in a highly convenient location on Valencia Corporate Row, right next to essential health facilities such as UCLA Health and Kaiser Permanente. The area is buzzing with activity and a variety of amenities, including restaurants, hotels, and FivePoint’s recently launched 21,000-home development project. The location also offers easy access to Henry Mayo Memorial Hospital, Valencia Country Club, and the I-5 freeway.

After careful consideration and evaluation of other sites within the Santa Clarita Valley, the Client concluded that this particular site was the most suitable for their relocation needs. One of the main factors influencing their decision was the property’s strategic location, which provided easy access for clients and staff.

With this second transaction, Spectrum CRE has successfully sold the majority of the ground floor of the Project.

Contact the broker for more information.

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Spectrum CRE ™. Represented the Buyer in the Sale of a Leased Investment in Burbank

11,711 SF commercial building

September 4, 2019 – Yair Haimoff, SIOR, commercial real estate advisor and founder of Spectrum CRE ™, is pleased to have represented the Buyer in the sale of leased investment in Burbank.

Commercial Building in Burbank, California

The property, an approximately 11,711 SF commercial building is located at 1110 S. Victory Boulevard in Burbank, California, is situated minutes from the 5 and 134 freeways. The property recently underwent major renovations. The building is leased to CityLights Baptist Church through 2034 and features offices, a sanctuary, a music studio, and a cafeteria.

The Seller was under a time crunch and needed to sell the property quickly. Spectrum CRE ™ was able to find a buyer that offered a very appealing short contingency, all-cash offer with a quick close. The property sold for $2.5 million!