IMG_0067We are pleased to announce the recent sale of a 11,190 SF medical office building on 43,171 SF of land in North Orange County, CA. MEI Real Estate Services represented the seller of the property at 300 E. Yorba Linda Blvd. in Placentia, CA. This high-performance medical office building boasted an existing 8.5% CAP with upside potential to increase the CAP to over 11%. It was purchased above asking price by a long-term tenant with terms meeting the seller’s requirements. The property was delivered with 84% occupancy and many new capital improvements.