The STG Group Acquires 101 Ygnacio Court Office Building In Walnut Creek For $13.5M
California
See Similar DealsThe STG Group Acquires 101 Ygnacio Court Office Building In Walnut Creek For $13.5M
101 Ygnacio Court
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The STG Group acquired 101 Ygnacio Court, a 77,655-square-foot Class B office building located in Walnut Creek, California, for $13.5 million, or approximately $174 per square foot. This property purchase was financed by Farmers & Merchants Bank, contributing to STG’s expanding office portfolio on the West Coast, strategically positioned near a significant BART transit hub.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $13,500,000
- Address: 101 Ygnacio Court
- Market: Walnut Creek
- Square Footage: 77,655
- Price Per Square Foot: $174
- Buyer: The STG Group
- Lender: Farmers & Merchants Bank
This transaction highlights the role of The STG Group as the buyer in this deal, with financing provided by Farmers & Merchants Bank for the acquisition of the office property. The transaction marks a notable addition to the STG Group's real estate interests focused on the West Coast market.
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