When ZKS Richmond Associates I, LLC purchased this asset in September, 2000, from PDA/Safeway, along with approximately 10 acres of development land immediately adjacent, the building was more than 30% vacant. ZKS Real Estate Partners is the asset and development manager for this project. ZKS has leased all but 14,000 square feet of the vacant space, as well as renegotiated existing leases to long-term commitments in more than 60% of the building.

INVESTMENT DATA

Capital Partner   Private

Purchased From   ZKS Richmond Associates I, LLC

Sold to   Stephens & Stephens

Date Purchased   September 2000

Date Sold  Arpil 2006

Purchase Price  

PROPERTY DESCRIPTION

Location   Richmond, California (San Francisco Bay Area)

Submarket   

Property Type   Warehouse/Distribution

Property Description   Warehouse/Distribution

Rentable Square Feet   426,446

Year Built   1963-1968 (in various phases)

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