Kaiser Permanente has renewed its lease for nearly 11,000 square feet of medical office space in Valencia.
Located at 27201 Tourney Road, the property known as Valencia Executive Plaza sits within the Valencia Corporate Center. The office building has undergone recent renovations and features extensive views of the golf course at Valencia Country Club.
Spectrum Commercial Real Estate Inc. in Encino represented the building’s owner, Valencia Executive Plaza LLC of Valencia, in the 10,934-square-foot deal.
Financial details of the transaction were not disclosed.
“This was a high-profile transaction that required attention, patience and detail to take to the finish line,” said Spectrum Commercial Real Estate Vice President Matt Sreden, who represented the landlord along with Spectrum broker Andrew Ghassemi and Spectrum founder Yair Haimoff.
According to Spectrum, the lease represents one of the largest medical transactions in the Santa Clarita Valley submarket since the second quarter of 2016.