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BERNAL CORPORATE PARK
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ABOUT THE PROPERTY
Westbrook Partners, LLC acquired this 1.1 million square
foot campus office park from the Principal Financial Group in 2000/2001
and hired ZKS to be the asset manager. With 19 separate developed
parcels, and a varied product type, Westbrook has been selling off
non-core holdings in the park. Blessed with a great location adjacent to
the I-680 freeway in the Tri-Valley area of the East Bay, the park has
continued to enjoy over 90% occupancy despite a difficult economic
climate. |
INVESTMENT DATA
Capital Partner Westbrook Partners
Purchased From WB Bernal, LLC (Westbrook Partners)
Sold to Various
Date Purchased 2000
- 2001
Date Sold
2003 -2005
Purchase Price $248,000,000 |
PROPERTY DESCRIPTION
Location
Pleasanton,
CA (San Francisco Bay Area)
Submarket
Property Type
Campus Office Park on 89 acres
Property Description Mid-Rise
Class A office, one and two story office, some Service/R&D and Retail
Rentable Square Feet
1,125,077
Year Built Various,
back to 1987
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