WESTMAC Commercial Brokerage Company has completed the sale of 11570 W. Olympic Boulevard in Los Angeles, CA 90064 for $7.2 million. The property, a ±10,724-square-foot medical office building on a ±23,187-square-foot lot, was purchased by White Camden, LLC, an owner-user medical group. The transaction attracted multiple offers before closing, underscoring the competitive nature of the West Los Angeles commercial real estate market.
T.C. Macker, President of WESTMAC, noted that the deal illustrates sustained demand for well-located owner-user opportunities. “White Camden, LLC recognized the long-term value of this medical office property, and we are pleased to help facilitate their acquisition of a property that aligns with their vision and business objectives,” Macker said. The seller, Nogan LLC, was represented by T.C. Macker and Woody Cook of WESTMAC.
This sale highlights a broader trend in commercial real estate: medical office properties in high-demand urban areas are attracting owner-users who value location and long-term occupancy. For medical groups, owning rather than leasing can provide cost stability and control over facility improvements. The West LA submarket, known for its proximity to healthcare facilities and affluent population, continues to see robust interest from medical professionals.
WESTMAC Commercial Brokerage Company, founded in 1988 by Timothy C. Macker, is a full-service Los Angeles-based firm with over 30 professionals specializing in office, industrial, retail, and multi-family properties. The firm provides consultation, advisory, and marketing services to property owners, users, developers, and investors. From 2001 to 2018, WESTMAC was affiliated with Coldwell Banker Commercial before returning to its independent roots.
For leaders in business and healthcare real estate, this transaction offers insights into current market dynamics. Owner-user medical properties are increasingly seen as stable investments amid rising interest rates and economic uncertainty. The multiple offers received for this property indicate that well-priced assets in prime locations can still generate competitive bidding. Additionally, the sale demonstrates the importance of working with experienced brokers who understand local market conditions and can navigate complex transactions.
As medical practices continue to consolidate and seek operational efficiencies, the demand for owned medical office space is likely to remain strong. Companies like White Camden that prioritize location and long-term value may benefit from lower occupancy costs and potential appreciation. For investors and developers, this deal reinforces the appeal of niche property types like medical offices, which often provide steady cash flow and resilience against economic cycles.
For more information about WESTMAC Commercial Brokerage Company and its services, visit westmac.com.
