HFF named to market sale of Mervyn’s former HQ in northern California

SAN FRANCISCO, CA – The San Francisco office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it has been selected by the Receiver, John Connolly Partners, to exclusively market the sale of the 336,000-square-foot former Mervyn’s department store chain’s office headquarters building (top left photo) located at 22301 Foothill Boulevard in Hayward, California.

The HFF investment sales team of senior managing directors Gerry Rohm (middle right photo) and Michael Leggett, (bottom left photo) associate director Christopher Pawlik and senior real estate analyst David Karol will lead the marketing efforts on behalf of the seller. John Connolly Partners (“JCP”) was appointed the Receiver for the seller by the Superior Court of California for the County of Alameda.

“22301 Foothill Boulevard is being offered for sale at a fraction of replacement cost, and provides an owner or investor a generational buying opportunity,” said Rohm. The sale process will be overseen by JCP, the court-appointed Receiver, and subject to court approval.

22301 Foothill Boulevard consists of a four-story office building significantly renovated in 2001 and containing 1,100 workstations in plug-and-play condition. Adjacent to the office building is a four-story parking garage providing 720 spaces for a total of 1,047 on-site surface and facility parking spaces.

Situated on 8.8 acres at 22301 Foothill Boulevard, the property is in close proximity to the Interstates 238 and 580 interchange in Hayward, approximately 15 miles south of Oakland.

Contacts:

Gerry Rohm, HFF Senior Managing Director, (415) 276-6935, grohm@hfflp.com
Michael Leggett, HFF Senior Managing Director, (415) 276-6924, mleggett@hfflp.com
Christopher Pawlik HFF Associate Director, ( (415) 276-6927, cpawlik@hfflp.com
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500, krmurphy@hfflp.com