SCV Boston Scientific building sold

The Valencia headquarters of Boston Scientific Neuromodulation at Southern California Innovation Park, formerly Mann Biomedical Park, reportedly sold for $92 million to financial services firm Cantor Fitzgerald.

Located at 25155 Rye Canyon Loop, the 180,415-square-foot life science complex was built in 2006 to serve Boston Scientific’s neuromodulation division global headquarters.

Boston Scientific signed a 10year, triple-net lease renewal at the location in 2017, which the company reportedly plans to continue, according to Newmark Knight Frank.

The sellers, a partnership between Oaktree Capital Management and Intertex Companies, were represented by Newmark. The buyer, Cantor Fitzgerald, is a financial services firm involved in investment banking, prime brokerage and commercial real estate, an affiliate of Newmark, according to the company’s website.