March 31, 2017
HFF closed a $30.4-million, off-market sale of Hookston Square, a two-building, three-story office campus in Pleasant Hill, CA. HFF also secured $21.5 million in financing for the 207,555-square-foot East Bay asset.
HFF represented the seller, New York-based True North Management Group, and procured the buyer, San Francisco-headquartered Graham Street Realty. HFF also worked on behalf of the new owner to secure the three-year, floating-rate acquisition loan through a commercial bank.
HFF’s Jordan Angel and Zachary Kersten represented the buyer. HFF’s David Dokko and Garrett Calbert represented the seller.
The 87% leased property is situated on a 9.5-acre site at 3478 and 3480 Buskirk Ave., just east of Interstate 680 and close to State Route 24.
For comments, questions or concerns, please contact Dennis Kaiser