A major law firm has acquired a medical office building in the Inland Empire, marking its latest investment in Southern California’s commercial real estate market. The transaction underscores the region’s growing appeal for professional services firms seeking strategic locations.
The 25,000-square-foot property, located in a high-traffic area of Riverside County, previously housed multiple healthcare tenants. Analysts note the purchase aligns with broader trends of legal and financial firms diversifying into medical office spaces, which have shown resilience during economic downturns.
“This acquisition reflects confidence in the Inland Empire’s long-term growth potential,” said a commercial real estate analyst familiar with the deal, speaking on condition of anonymity due to client confidentiality. County records show commercial property values in the area have increased 12% year-over-year.
The buyer’s identity remains undisclosed in public filings, though sources indicate it’s a national firm expanding its West Coast presence. The seller was represented by CBRE, while escrow closed through First American Title.
Market observers suggest this transaction may signal increased competition for medical office properties as hybrid work models reduce demand for traditional law firm headquarters space.