Date: July 2013
Labeled: Investment Sales
Size: 22,000 SF
City: Walnut Creek
This was an off market deal. We represented a trade Buyer looking for value added opportunity. Seller just completed a lease to consolidate uses and would vacate the building in 18 months, as the building was deemed in excess. Vacancy in the market was 5% or less for similar office space. Buyer’s team prepared a cash flow analysis and pro forma of the property for Buyer’s review. Eric Erickson, Tony Binswanger, and Brooks Pedder represented the Buyer.
