facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Office

/

Sale

/

1990 North California Boule...

Updated May 22, 2025

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

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

1990 North California Boulevard, 2001 North Main Street & 2033 North Main Street

$111,000,000

$69/SF

Building Size

529,612 SF

Asset Type

Office

Closing

May 22, 2025

About this deal

AI

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:

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.

On the Map

Open live map

$111,000,000

$69/SF

Office

View full map

Players

Laura Hines-Pierce

Hines

Seller

$4.2B

vol

44 deals

Seller
Bilt advertisement

Walnut Creek Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Deal FAQ

About $69 per square foot on a published $111M for 1,588,836 square feet (2025).

Visit Laura Hines-Pierce to view all their deals.

Browse Walnut Creek office sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.14%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets