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Bob Basso Of Cannae Partners And Travis King Of Realm Acquire Industrial Facility In Pleasanton For $8.5M

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SOLD
$8,500,000

California

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Industrial42,620 SF
Sold 10/30/2025
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SOLD

Bob Basso Of Cannae Partners And Travis King Of Realm Acquire Industrial Facility In Pleasanton For $8.5M

4696 Willow Road

See Similar Deals
Industrial42,620 SF
Sold 10/30/2025
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$199
Total Square Footage:42,620 SF
Transaction Type:Sale

This transaction involved a biomanufacturing facility located at 4696 Willow Road in Pleasanton. The industrial asset was sold for $8,500,000 and encompasses 42,620 square feet, translating to a price per square foot (PPSF) of $199.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $8,500,000
  • Address: 4696 Willow Road
  • Market: Pleasanton
  • Asset Size: 42,620 SF
  • Price Per Square Foot: $199
  • Buyer: Bob Basso - Cannae Partners; Travis King - Realm
  • Broker: Erik Hanson - JLL

In this transaction, Erik Hanson, serving as the senior director at JLL, represented the seller, showcasing the involvement of established entities in the deal. The buyers, Bob Basso of Cannae Partners and Travis King of Realm, were instrumental in completing the acquisition of this property.

Players

Erik Hanson
8 deals$425.1M volume
BROKER

JLL
BROKERAGE

Details

SOLD
IMAGE: Bob Basso, Travis King & Erik Hanson DATE: 10/30/2025 ADDRESS: 4696 Willow Road MARKET: Pleasanton ASSET TYPE: Industrial BUYER: Bob Basso - Cannae Partners; Travis King - Realm BROKER: Erik Hanson - JLL (@JLL) SALE PRICE: $8,500,000 SF: 42,620 ~ PPSF: $199 NOTE: JLL Capital Markets arranged the $8.5 million sale of Tri-Valley GMP, a 42,620-square-foot biomanufacturing facility at 4696 Willow Rd. in Pleasanton.Senior director Erik Hanson represented the seller, while the buyers were Cannae Partners and REALM.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$453,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$30,198.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$40,294.34
Annual Debt Service$483,532.04