NewGen Health buys former Lancaster college campus for healthcare hub

by TRD Staff

A college campus in Lancaster just traded hands, setting the stage for a healthcare hub.  The University of Antelope Valley sold its campus at 44049 Sierra Highway to NewGen Health for $14.4 million, L.A. Business First reported.   The Los Angeles-based healthcare firm plans to convert the property to a regional hub offering community and social services in partnership with Los Angeles County. Daum Commercial Real Estate Services brokered the sale, with Dennis Marciniak of Daum’s Woodland Hills office representing the seller.  The property spans 87,600 square feet on 6.4 acres. It was originally developed as a hotel before being converted […]

This article originally appeared on The Real Deal. Click here to read the full story.

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