CBRE Secures Office Leases For BDO USA & Pennington LLP At Ygnacio Center In Walnut Creek
2033 North Main Street Walnut Creek, California 94596, USA
$3
$3/SF
Building Size
13,916 SF
Asset Type
Office
Closing
Jun 20, 2023
AI
The Ygnacio Center in Walnut Creek has secured new office leases for 13,916 square feet of space. The property, located at 2033 North Main Street, is an office asset. The landlord, Hines, offered upgraded amenities to attract tenants.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not mentioned
- Address: 2033 North Main Street, Walnut Creek
- Market: Walnut Creek
- Tenant: BDO USA & Pennington LLP
The lease agreements were brokered by CBRE, with accounting firm BDO USA and law firm Pennington LLP as the tenants. CBRE represented the landlord, Hines, in the negotiations.
Note: The Ygnacio Center in Walnut Creek was able to secure these new office leases due to its upgraded amenities and the representation provided by CBRE.
Walnut Creek Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5287666.67%
Cash-on-Cash
-1511231.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93