On March 16, Archer Property Partners expanded its presence with the acquisition of a medical outpatient building (MOB) portfolio in Orange County, California for more than $17.7 million. Andy Knott and Austin Kanzler of CBRE represented the seller in the transaction.
The MOB portfolio comprises three facilities in Rancho Santa Margarita (17,175 square feet), Mission Viejo (12,450 square feet) and Costa Mesa (10,064 square feet). In total, the buildings add up to 39,689 square feet. The MOBs are anchored by MemorialCare, one of Southern California’s leading nonprofit health systems.
The properties were previously owned through a partnership between a private investment group and MemorialCare, which held a minority ownership interest.
Headquartered in Newport Beach, California, Archer Property Partners is a full-service real estate investment and development firm focused on healthcare and medical real estate across the western United States. Archer combines institutional investment discipline with entrepreneurial execution, specializing in value-add and adaptive reuse medical projects.
The firm’s leadership team has completed hundreds of transactions totaling more than $1 billion in value, delivering projects that enhance accessibility, operational efficiency and design quality for healthcare users and investors alike.
The price was $17,789,200, as confirmed by a representative from Anchor. The Mission Viejo property sold for $6,536,250; the Costa Mesa property sold for $5,535,200; and the Rancho Santa Margarita property sold for $5,717,750. The price totals roughly $448 per-square-foot.
According to data captured in the LevinPro HC database, this deal marks the 61st MOB transaction of the year, and the seventh in California. There were 232 MOB deals reported throughout 2025, and 213 in 2024. Additionally, the MOB volume of 2026 accounts for more than 12% of the 483 healthcare transactions that have been announced, so far.
