Big East Bay office hub is bought for top dollar, defying market woes

Big East Bay office hub is bought for top dollar, defying market woes

29 days ago
Anonymous $qqiKI3BBkr

https://www.siliconvalley.com/2024/10/23/walnut-creek-east-bay-office-property-build-develop-real-estate-economy/

WALNUT CREEK — A high-profile Walnut Creek office complex has been bought for a top-dollar price that tops $150 million in a deal that defies the forbidding trends in the Bay Area commercial property market.

The Plaza at Walnut Creek has been bought for $162 million, according to Newmark, a commercial real estate firm that arranged the deal.