Date: October 2007
Labeled: Leasing Services, Owner User Sales
Size: 19,300 SF
City: Concord
Owner user sale to Pacific National Bank. Eric Erickson represented the Seller. The sale was complicated by a partial exterior remodel of buildings by seller without building permits. Buyer completed remodel and upgraded all building systems including seismic, ADA, & Life Safety for $2.5m. Building had extensive deferred maintenance. Property was subsequently acquired by US Bank through an FDIC ordered take-over of Pacific National Bank.
