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830 Jefferson Avenue

Jason Oberman Of Blox Ventures Acquires Mixed-use City Block In Redwood City For $46M
SOLDMixed-use

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

BL
Blox Ventures LLCBuyer

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