BERKELEY, CA—Colliers International hasrecently come to market with a rare, never-before-listed investmentopportunity adjacent to the iconic campus of UCBerkeley. The firm says the site might be considered thesingle most valuable parcel for a mixed-used development in thecity.

Bancroft Center, located at 2580 Bancroft Way,stands at the heart of the university's commercial district. Ascurrently configured, it is a 30,370-square-foot retailcenter. But it is the project's potential as a dynamicmixed-use development that could make it one of the mostsought-after assets in all of Berkeley, Colliers officials say.

“This site is strategically positioned along one of Berkeley'smain thoroughfares, connecting the UC Berkeley campus tosurrounding residential and commercial enclaves serving studentsand area residents alike,” said Colliers vice presidentErik Hanson, one of the brokers marketing theproperty. “Bancroft Center represents a truly rare opportunity toacquire absolute core real estate in one of the Bay Area'sliveliest 24/7 environments.”