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IRA Capital Buys Fully Leased Medical Office Building

Three Story Brick Property in Santa Ana Trades for $38.4 Million
The 56,000-square-foot MOB on East 4th Street in Santa Ana, Calif., features 12-foot slab heights and numerous medical build-outs. (CoStar)
The 56,000-square-foot MOB on East 4th Street in Santa Ana, Calif., features 12-foot slab heights and numerous medical build-outs. (CoStar)
By Mary Vinal
CoStar Research
May 14, 2020 | 2:38 P.M.

IRA Capital, a Southern California-based private equity firm, acquired the medical office building at 2212-2214 E. 4th St. in Santa Ana, California, for $38.4 million, or about $686 per square foot, from Providence/St. Joseph Health & Services.

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