Hall Equities Group Acquires Ygnacio Center Office Campus In Walnut Creek For $111 Million

The Ygnacio Center office campus located at 1990 North California Boulevard, 2001 North Main Street, and 2033 North Main Street in Walnut Creek consists of three buildings totaling 529,612 square feet. The property was sold for $111,000,000, translating to a price per square foot of $210. This campus has received LEED Silver certification.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $111,000,000
• Buyer: Mark Hall - Hall Equities Group
• sellers: Jeffrey Hines & Laura Hines-Pierce - Hines; Howard Marks - Oaktree Capital Management
• Lender: F&M Bank (Farmers & Merchants Bank of Central California)
• Square Footage: 529,612
• Price Per Square Foot: $210

Mark Hall represents Hall Equities Group in the acquisition of the Ygnacio Center, while Jeffrey Hines, Laura Hines-Pierce, and Howard Marks represent their respective companies, Hines and Oaktree Capital Management, in the sale. The transaction marks a significant decrease from the property's $210.5 million sale in 2018, and the buyer secured a $46.5 million loan from F&M Bank to facilitate this purchase.