University Avenue Partners Acquires Mixed-Use Property In San Ramon From Blackstone For $11.2M

University Avenue Partners, represented by Don Tepman of the Don Tepman Agency, has acquired a mixed-use property located at 2551 San Ramon Boulevard in San Ramon. The property, with a total square footage of 52,000, was sold by Blackstone for a price of $11,200,000. This transaction represents a price per square foot of $215.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $11,200,000
• Address: 2551 San Ramon Boulevard
• Market: San Ramon
• Buyer: University Avenue Partners - Don Tepman
• Seller: Blackstone
• Square Footage: 52,000
• Price Per Square Foot: $215

This transaction was facilitated by Don Tepman, a representative from the Don Tepman Agency, on behalf of University Avenue Partners. The involvement of both parties in this deal showcases their commitment to expanding their real estate portfolios in the San Ramon market.