California Group Acquires Office Building In Concord For $40.5M

A 369,042 square-foot office property located at 2300 Clayton Road in Concord has been sold for a price of $40,500,000. The property was acquired by California Group from the seller, Bridge Investment Group, in a recent transaction.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $40,500,000
• Address: 2300 Clayton Road, Concord
• Market: Concord
• Square Footage: 369,042 SF
• Price Per Square Foot: $110

Steven Golubchik, Edmund Najera, Darren Hollak, and Jonathan Schaefler from Newmark represented the seller, Bridge Investment Group, in the deal.