Hamilton Zanze Acquires Mixed-Use Asset In Marin & Sonoma For $436.5M

A mixed-use property located in Marin and Sonoma counties has recently been sold for a staggering price of $436,500,000. The transaction took place on December 17, 2021. The property spans across 1,400,000 square feet, with a price per square foot of $311. It consists of 935 units, making the price per unit $466,844. The sale of this property marks a significant transaction in the real estate market.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $436,500,000
• Units: 935
• Price Per Unit: $466,844
• Square Footage: 1,400,000
• Price Per Square Foot: $311

The buyer of this impressive property is Hamilton Zanze, represented by Kurt Houtkooper and Ashlee Cabeal. Additionally, Graham Street Realty and Davidson Kempner Capital Management played a key role in the transaction. The involvement of these reputable firms further highlights the significance of this deal in the real estate market.