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2101 Webster 2101 Webster is a 473,000-square-foot office in the two-building complex Center 21 (credit: Yardi).

OAKLAND, CA—An affiliate of Connecticut-based investment firm Starwood Capital paid a combined $494 million for three office properties this week, according to county property documents. The combined five-asset portfolio valued at $1 billion makes it the priciest commercial real estate market offering in Oakland, according to CoStar.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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