Sutter Squareis a 174,689-square-foot nine-story office building located at 1800Sutter St.
CONCORD, CA—Sutter Square, a 174,689-square-foot nine-storyoffice building located at 1800 Sutter St. near downtown, has soldto a joint venture between Barker Pacific Group and Iron PointPartners. The sale price was $30.9 million.
Meridian, a real estate developer and owner of medical officereal estate, acquired the property in August 2017, when thebuilding was 78% occupied. During its ownership, Meridian investedmore than $4 million in interior renovations and brought occupancyup to nearly 90%.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
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.
