The STG Group Acquires 101 Ygnacio Court Office Building In Walnut Creek For $13.5M

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.