IRA Capital Acquires Los Angeles Medical Office Building
IRA Capital is pleased to announce the recent acquisition of Wilbur Medical Plaza, a 52,889 SF medical office building in LA County, CA. Recently renovated, the property now offers upgraded interior/exterior finishes, common areas, and an on-site pharmacy. Wilbur Medical Plaza is conveniently located three blocks from the Providence Tarzana Medical Center; a 249-bed hospital, where several tenants are on-staff. The Property enjoys Highway-101 visibility with over 278,000 average cars per day and is located just off Ventura Boulevard with 44,000 average cars per day. An outstanding tenant mix serves strong local demographics, as the population exceeds 445,000 within a 5-mile radius, and the average household income is over $83,000 per year.IRA Capital is a real estate private equity company focused on creating and maximizing value through the strategic acquisition and management of assets. IRA Capital has acquired approximately $600 million of commercial real estate throughout the country over the past four years. The principals of IRA Capital have more than six decades of combined real estate experience and have transacted on over $3.5 billion across a range of asset classes and geographic markets, with a proven track record of profitability. IRA Capital is aggressively looking for investment opportunities.
Please submit all opportunities for consideration to: acquisitions@iraCapital.com
Amer F. Kasm Samir M. Patel Jay H. Gangwal Mohannad S. Malas
(949)258-7402 (949)258-7403 (949)258-7404 (949)258-7412
akasm@iraCapital.com spatel@iraCapital.com jgangwal@iraCapital.com mmalas@iraCapital.com