Saddleback Financial Center in Laguna Hills, Calif., recently sold for $20.5 million.

Glenborough Realty Trust purchased the 72,980-square-foot medical and professional office building from Mammoth Equities LLC.

Located at 24012 Calle De La Plata, the four-story building shares a six-story parking structure with a neighboring property.

At the time of sale, the asset was 92 percent leased to 27 tenants, including California Bank & Trust, Laguna Hills Therapy and Superior Vision Services.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Time is running out to secure your Connect Now tickets at the lowest price. Don't miss out on a chance to grow yourself and your business.Learn More×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription