Healthcare Property Advisors Represents St. Joseph Heritage Healthcare in Lease Transaction

Fullerton, CA. (May 7, 2015) – Following another recent transaction by Healthcare Property Advisors (HPA Realty Inc.) for the largest 2014 Orange County acquisition of a medical office portfolio in Mission Viejo, today, HPA Realty Inc. announced it has completed a multi-year lease transaction on behalf of St. Joseph Heritage Healthcare, a member of the St. Joseph Hoag Health alliance based in Orange County, California.

HPA Realty Inc. President James McGrade said, “We believe we negotiated the best possible lease for Heritage. The 42,000 square foot office space in Brea, California, will enable them to facilitate convenient and innovative patient care.” St. Joseph Heritage Healthcare Director of Technology & Reporting Greg Jones said, “This location will help us consolidate the expansion of our services, and it will allow us to further logistic and cost efficiencies.”

HPA Realty Inc. is a subsidiary of The Innovation Institute, an independent, for-profit LLC structured to cultivate innovative solutions to transform healthcare delivery.

For more information, visit HPA Realty.