Dr. Janice F. Whaley Purchases Office Building In San Ramon For $33 Million From Alex Mehran Jr

Donor Network West acquired a 106,518-square-foot office building at 2409 Camino Ramon in San Ramon for $33 million, translating to $310 per square foot. This property will serve as the new donor recovery center for the organization while consolidating four existing locations in San Ramon.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $33,000,000
• Buyer: Dr. Janice F. Whaley - Donor Network West
• Seller: Alex Mehran Jr. - Sunset Development
• Square Footage: 106,518
• Price Per Square Foot: $310
• Market: San Ramon

This transaction continues Sunset Development's strategy of divesting surplus office space as it transitions Bishop Ranch into a mixed-use community. The deal was facilitated using data from CBRE.