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HPA Realty acquires Brea Imperial Centre


HPA Realty has purchased approximately 195,000 square foot of industrial and medical office at 2727 and 2767 Imperial Highway, with one of the anchoring tenants as St Jude Medical Center, for approximately USD47,300,000. 

HPA represented the buyer and will also serve as the leasing and property manager for the Brea Imperial Centre.
 
According to HPA President James McGrade, the purchase was made through HPA’s Growth Fund as a strategic investment in the future growth and planning of the hospital. This acquisition follows a recent purchase of another medical office building at 101 Laguna Road in Fullerton.

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