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ANAHEIM, CA-A partnership of private investors called 15 Corporate Plaza has acquired the 40,109-sf Walnut Grove Medical Center from Walnut Grove Medical Center LP for more than $8.9 million, according to Marcus & Millichap. The property, which was developed in 2002 by the sellers, is a class A medical building at 947 S. Anaheim Blvd.

John Burke and Michael Lawrence of Marcus and Millichap in Newport Beach and Garth Hogan of Medical Realty Advisors represented the seller. John Burke and Michael Lawrence of Marcus and Millichap in Newport Beach represented the buyer.

The medical center sale was one of two reported recently by the Newport Beach office of Marcus & Millichap. In the other, Gelber Higgins Investments bought an office building of nearly 7,000 sf at 380 Glenneyre St. in Laguna Beach from the Monohan Family Trust for more than $2.87 million.

The seller, which had owned the property since 1978, was represented by John Reinhardt of Marcus & Millichap. The buyer was represented by Mark Christy of Prudential.

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