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Laguna Hills Medical Center

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| Description:
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Laguna Hills Square, Orange County,
CA |
| Size:
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51,734 square feet |
| Acquisition
Price: |
$14,100,000 |
| Hold
Period : |
23 months |
| Buyer:
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Universal Properties LH Five, LLC |
| Disposition
Price: |
$20,725,000 |
| Action
taken: |
Increased occupancy to 100% and in-place
average rental rate by $ 0.19 per square foot. Also renewed
and/or extended lease terms of major tenants. Completed
building improvements including lighting, retrofit and
common area upgrades. |
| Investor
IRR: |
54.91% |
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