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Indian Wells professional center sells in 1031 exchange

Inland Empire property with 90% occupancy attracts Orange County buyer
The sale of the Indian Wells Medical & Professional Center was a rare $10 million-plus office transactions in the Coachella Valley. (CoStar)
The sale of the Indian Wells Medical & Professional Center was a rare $10 million-plus office transactions in the Coachella Valley. (CoStar)
By Alexander Maxon with
CoStar Research
December 5, 2025 | 5:22 P.M.

A professional office building in the upscale retirement haven of Indian Wells, California, has traded hands. Commercial real estate investment and management firm Circle Vision, based in Tustin, California, bought the Indian Wells Medical & Professional Center in a 1031 exchange for $10.525 million, or $258 per square foot, from Kresher Capital.

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News | Indian Wells professional center sells in 1031 exchange