Monday, June 20, 2016

HFF closes $59 million sale of Comcast Office Center in San Francisco Bay Area’s Tri-Valley region

Comcast Office Complex, 3011, 3055 and 3077 Comcast Place, Livermore, CA

Michael Leggett
SAN FRANCISCO, CA, June 20, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $59 million sale of the Comcast Office Center, a three-building, 219,631-square-foot office campus and regional headquarters for Comcast in Livermore, California.

HFF marketed the asset on behalf of the seller, Gramercy Property Trust, Inc. and procured the buyer, Align Real Estate. 

Comcast Office Center is 100 percent triple net leased to Comcast and serves as the company’s regional headquarters.  The nearly 27-acre campus, comprised of 3011, 3055 and 3077 Comcast Place, offers tenants abundant parking (1,320 stalls), outdoor seating, and volleyball and basketball courts.

 Comcast Office Center is positioned in the Tri-Valley region of the greater San Francisco Bay Area and is just off of Interstate 580 with immediate access to Interstate 680 and CA Highway 84. 

This location is within 10 minutes of the Pleasanton BART station servicing San Francisco and the greater Bay Area and close to the future Livermore BART station and planned surrounding developments.

The HFF investment sales team representing the seller was led by Michael Leggett, senior managing director and co-head of HFF’s West Coast team; managing director Scott Pertel and senior managing director Gerry Rohm.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Director, Marketing
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |

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