Michael Turner & Chad Remis Acquire Mixed-Use Property In Berkeley For $173M

The mixed-use property located at 5959 Shellmound Street in Berkeley was recently sold. The transaction took place on 04/22/2021, with a sale price of $173,000,000. The property spans approximately 402,700 square feet, resulting in a price per square foot of $429.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $173,000,000
• Address: 5959 Shellmound Street, Berkeley
• Market: Berkeley
• Square Footage: 402,700
• Price per Square Foot: $429

Michael Turner & Chad Remis from Oxford Properties Group acted as the buyers in this deal.