Walnut Creek, CA, July 24, 2011 --(PR.com)-- Cornish & Carey Commercial Newmark Knight Frank announced that Swift Realty Partners’ One Concord Center is exceeding the firm’s expectations growing its tenant roster.
In just 7 months, 14 lease transactions totaling 111,615 square feet (sf) were completed bringing the occupancy rate of the 358,589 sf property from 43.2% to 78.3%.
Breck Lutz and Alex Grell of Cornish & Carey Commercial Newmark Knight Frank’s Walnut Creek office represent Swift’s One Concord Center for lease.
Swift Realty Partners was founded in July of 2010 by former President and Chief Executive Officer of Blackstone’s Equity Office Properties Christopher Peatross.
One Concord Center, purchased in late September of 2010, was Swift’s first investment. Several large tenants had vacated the 15-story Concord property located at 2300 Clayton Road prior to the sale and upon purchase, 203,821 sf remained available for lease.
For a complete copy of the company’s news release please contact Tara Samuels, 408-373-2577, pr@ccareynkf.com
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