Westcore Unit Pays $41M for Concord Corporate Centre

CONCORD, CA-A division of Westcore Properties has paid $41 million for Concord Corporate Centre, an office complex at 1320 and 1390 Willow Pass in Concord.

By GlobeSt News Hub | November 10, 2011 at 01:01 AM

CONCORD, CA-A division of Westcore Properties has paid $41 million for Concord Corporate Centre, an office complex at 1320 and 1390 Willow Pass in Concord. Germany-based Norddeutsche Landesbank provided a $31-million loan for the acquisition.

An affiliate of Transwestern purchased the Concord office complex in 2007 for $98.5 million. Lately, East Bay buildings are being seized at big discounts and the Concord Corporate Centre property is one of them. The Willow Pass Road property deal was closed on November 4. For the full story, go to Oakland Tribune .

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