Nazareth Enterprises Pays $23.69MM for 67,584-SQFT Kaiser Permanente Medical Office in Rohnert Park

A fully leased, two-tenant medical office building at 5900 State Farm Drive in Rohnert Park has sold for $23.69 million in an off-market 1031 exchange, delivering the buyer an 8 percent going-in yield at a time when national pricing for the property type has grown considerably more aggressive. The 67,584-square-foot medical office building traded for […]