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Palm Springs, California-area transaction shows healthy demand for health facilities

Private buyer acquires triple-net-leased building in La Quinta for $13.25 million
The fully leased medical office building in La Quinta, California, is occupied by WelbeHealth Inland Empire PACE through 2043. (CoStar)
The fully leased medical office building in La Quinta, California, is occupied by WelbeHealth Inland Empire PACE through 2043. (CoStar)
By Aaron Tamblyn with
CoStar Research
March 31, 2026 | 7:46 P.M.

A private investor has acquired a fully leased medical office building in La Quinta, California, highlighting how healthcare‑oriented repositioning strategies continue to attract capital even as broader office fundamentals remain uneven.

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