Hanley Investment Group Real Estate Advisors arranged the sale of a new construction, 9,000-square-foot multi-tenant retail pad, Shops II, at the new Anatolia Marketplace shopping center in Rancho Cordova. The sale price was $6.08 million.

EVPs Bill Asher and Jeff Lefko represented the seller, Anatolia Marketplace, LLC, based in Sacramento. The buyer, a private investor from Orange County, was represented by Frank Vora, SVP with Lee & Associates in Riverside.

“We generated multiple qualified and competitive offers within the first week of marketing and procured a Southern California-based private buyer for the new construction, three-tenant retail pad at Anatolia Marketplace through a longstanding broker relationship,” said Asher.

Shops II at Anatolia Marketplace pad building sits on a 2.04-acre parcel at 4011 Sunrise Blvd. It is 100% leased to Pacific Dental Services, Round Table Pizza and Southern Veterinary Partners.

West Harbor Capital, a real estate investment firm focused exclusively on infill industrial properties, acquired a 33,673-square-foot industrial building located at 2551 Santa Fe Ave. in Redondo Beach. West Harbor immediately launched a repositioning plan to enhance the vacant property’s functionality and image.

“This acquisition aligns with our strategy to expand our portfolio of high-quality infill logistics assets with significant long-term value potential,” said West Harbor managing partner and co-founder Eric Ruehle. “We are focused on growing our presence in Southern California, given the sound fundamentals and basis value available in the market today.”

Marketing efforts will be led by Kidder Mathews’ Andrew Dilfer, Luke Staubitz and Harvey Beason. Located west of Interstate 405 between Los Angeles International Airport and the ports of Los Angeles and Long Beach, the property features eight dock-high and one grade-level loading positions. Its location makes it suitable for a variety of tenants.

Northmarq’s Westlake Village Multifamily Investment Sales team led by Jim Fisher, Mike Smith, Vince Norris and Tommy Yates has listed a four-property senior living portfolio totaling 705 units. Northmarq is representing the seller. Asking price was not disclosed.

The mixed-income, age-restricted portfolio across Los Angeles and Orange Counties offers an investor an immediate presence in the senior housing market and includes the following properties:

• Coventry Court Luxury Senior Apartments | 240 units, Tustin
• Burbank Senior Artists Colony | 141 units, Burbank
• NoHo Senior Arts Colony | 126 units, North Hollywood
• The Piedmont Luxury Senior Apartments | 44 units, North Hollywood

“This exceptional portfolio offers buyers immediate scale in the Southern California senior housing market,” said Fisher. “Seniors are the fastest growing sector of the population, and these four assets provide best-in-class living with innovative amenities. In a market with a scarcity of available product, these deals provide great long-term investments with significantly below market rate assumable financing.”

The Regents of the University of California, on behalf of the University of California, Irvine, entered into a definitive agreement with Tenet Healthcare Corporation to acquire Tenet’s Pacific Coast Network for $975 million. The network will become part of UCI Health, the clinical enterprise of UC Irvine. 

“UC Irvine has deepened its healthcare commitment to the future of Orange County, our region and California,” said Chancellor Howard Gillman. “This journey in healthcare is deeply intertwined with the University of California’s dedication to bettering our communities, expanding access to premier healthcare, and pioneering the medical innovations of tomorrow, today. Our vision will bridge gaps in regional care and reinforce UCI’s place among the nation’s leading academic health systems while advancing solutions to challenges facing healthcare.”

Pending customary regulatory approvals, clearances and closing conditions, the proposed acquisition would bring four medical centers in Lakewood, Los Alamitos, Fountain Valley and Placentia and associated outpatient locations into the UCI Health system. UCI Health currently provides care at UCI Medical Center in Orange and a growing network of multispecialty care centers.