March 11, 2020 Comments Off on Acacia Capital Buys Pleasanton Multifamily for $248M Views: 457 California News, Top California

Acacia Capital Buys Pleasanton Multifamily for $248M

Order Reprints...

San Mateo, CA-based Acacia Capital has acquired Park Hacienda, a 540-unit, garden-style apartment community within the Hacienda Business Park in Pleasanton, CA, for $248 million, or approximately $459,000 per unit.

A JLL team of Scott Bales, Peter Yorck, Nolan Moore and Max Machiorlette represented the seller, Equity Residential.

Park Hacienda is situated on 24-acres at 5650 Owens Dr., less than one mile from the Dublin/Pleasanton BART station. The property’s location within the Hacienda Business Park positions it next to more than 550 employers and an abundance of nearby retail.

Originally completed in 2000, the property has been partially renovated.

Connect Bay Area 2020 is coming to San Francisco on April 23. For more information, or to register, click here.

Connect With Acacia Capital Corporation

Connect With JLL’s Bales

Connect With JLL’s York

Get CRE News in 150 words
For comments, questions or concerns, please contact Chris Egger

Tags: , , , ,

Comments are closed.

Send this to a friend