A big East Bay office complex has been bought for more than $150 million.
6200 and 6210 Stoneridge Mall Road in Pleasanton, two office buildings that are part of the four-building Pleasanton Corporate Commons.PLEASANTON — A big office complex in the East Bay has been bought for more than $150 million in a deal that shows investors still hunger for some Bay Area properties despite a frail commercial real estate sector.
Nome Capital Partners, a South Bay real estate firm that acted through an affiliate, led the buying group, the county property records show. 6222 Stoneridge Mall Road in Pleasanton, part of the four-building Pleasanton Corporate Commons office complex. TPF Equity REIT, which is affiliated with Connecticut-based UBS Realty Investors, sold Pleasanton Corporate Commons to the Nome Capital Partners-led buying group.
The seller in the deal for the office park provided the Nome Capital-led buying group with a $35 million loan at the time of the purchase. 10x Genomics, Blackhawk Network and Workday are among the tenants in the office complex, according to Google Maps.
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