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Posted: Wednesday, December 10, 2008

California Professional Center Fills 11,482sf

AIDS RESEARCH ALLIANCE OF AMERICA leased 11,482sf of medical office space at California Professional Center located at 1400 South Grand Avenue in Los Angeles.  The space will be occupied January 1st, 2009.  The 5 year lease term is valued at $1.76M.

California Professional Center consists of 80,441 square feet.  The building includes integrated parking which account for floors one and two.  The property is one of two medical office buildings on the campus of California Hospital Medical Center.

Glen Melnick of Ramsey-Shilling Co represented the tenant, while Andy Hoover of Medical Asset Management represented the Landlord, Grand Avenue Medical JV LLC.

Article By: Aaron Phillips of Medical Asset Management

 


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