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1/26/26
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Chino Hills Professional Plaza, a 41k sf medical office building in Chino Hills, was acquired by a programmatic joint venture between Cypress West Partners and TPG Angelo Gordon. The property is located at 2140 Grand Ave, west of Hwy 71.
Chino Hills Professional Plaza is currently 94% leased to a diverse mix of 15 tenants, anchored by Pomona Valley Hospital Medical Center, which occupies 48% of the building.
CBRE’s Mark Shaffer, Anthony DeLorenzo and Chris Bodnar from CBRE's U.S. Healthcare Capital Markets team represented the seller, Tele-Ventura LP, in the transaction.
"This sale reflects the undeniable strength, desirability, and resilience of outpatient medical properties as an asset class," said Shaffer, senior vice president. "This purpose-built outpatient medical building, anchored by Pomona Valley Hospital Medical Center offers long-term stable cash flow and significant upside potential within a market experiencing robust fundamentals and limited new supply."
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