California Firm Buys Cardinal Health Center for $7M


California Firm Buys Cardinal Health Center for $7M

Cardinal Sherwood LLC, a property investor based in southern California, has acquired the 70,000-SF Cardinal Health customer service center at 5430 Landers Road in Sherwood for $7 million.

The sale closed earlier this month; the seller was Schonfeld Properties Arkansas LLC of Little Rock, led by Robert Schonfeld. 

Cardinal Health, headquartered in Dublin, Ohio, ranks among the top 25 on the Fortune 500 list. The company leases the Sherwood facility. The global health care services and products company will continue its operations at that location.

The seller was represented by Jeff Hathaway and Reed Billings of Hathaway Group in Little Rock. The buyer was represented by KW Commercial Calabasas of California.