 |
| Whole Foods at Bay Place, Oakland, CA |
SAN FRANCISCO, CA – HFF announced today that it has closed
the sale of Whole Foods at Bay Place, a newly-constructed, 57,218-square-foot,
Class A retail property in Oakland, California.
HFF
marketed the property on behalf of Bond Companies. The buyer purchased the property free and clear of existing debt.
Whole
Foods at Bay Place is located at 230 Bay Place at the intersection of Harrison
Street in Oakland near Lake Merritt.
Completed in 2007, the property is 100 percent leased to Whole Foods.
 |
| Nicholas Bicardo |
Constructed of steel
and concrete, the building incorporates a portion of the former Cox Cadillac Showroom
and also includes a roof deck parking structure.
The
HFF team representing the seller was led by managing director Nicholas
Bicardo along with executive managing director Matthew Lawton and
associate director Mark Damiani.
“On
the West Coast, there continues to be a dearth of quality retail properties on
the market like Whole Foods at Bay Place, and an insatiable amount of capital,”
says Bicardo. “This acquisition for the buyer represents a fantastic purchase
of a trophy building occupied by a credit top-tier grocer with some of the
strongest sales productivity in the world.”
 |
| Matthew Lawton |
Bond
Companies is a national real estate value-add and development company with
offices in Los Angeles and Chicago that focuses on enhancing cities, while
leaving a positive, sustainable and lasting legacy for future generations to
enjoy.
For a complete copy of the company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 | www.hfflp.com
No comments:
Post a Comment