Jason Oberman Of Blox Ventures Acquires Mixed-use City Block In Redwood City For $46M
830 Jefferson Avenue
$46,000,000
$230/SF
Building Size
200,000 SF
Asset Type
Mixed-use
Closing
Dec 23, 2025
AI
The mixed-use asset involved in this transaction is located at 830-890 Jefferson Avenue, 801-885 Middlefield Road, and 2107-2125 Broadway in the Redwood City market. The total sale price for this property is $46,000,000, encompassing approximately 200,000 square feet, with a price per square foot of $230.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $46,000,000
- Buyer: Jason Oberman - Blox Ventures
- Location: 830-890 Jefferson Avenue, 801-885 Middlefield Road & 2107-2125 Broadway
- Market: Redwood City
- Asset Size: 200,000 SF
- Price per Square Foot: $230
In this transaction, Jason Oberman, representing Blox Ventures, completed the acquisition of a full city block in downtown Redwood City. The property includes various amenities such as restaurants, a movie theater, neighborhood retail, and office space, and is situated adjacent to the Redwood City Caltrain station.
Players
Redwood City Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93