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BERNAL CORPORATE PARK

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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