The property asset involved in the transaction is an office building located at 5928 Stoneridge Mall Road in Pleasanton. The sale price was $21,800,000. The total square footage of the building is 209,000, resulting in a price per square foot of $104. This transaction highlights the shifts in the East Bay office market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $21,800,000
• Buyer: Patricia Poppe - PG&E
• Seller: Dave Duffield - Workday, Inc
• Square Footage: 209,000
• Price per Square Foot: $104
• Date of Transaction: 01/29/2026
• Market: Pleasanton

Patricia Poppe represents PG&E in this transaction, while Dave Duffield represents Workday, Inc. The sale reflects a significant reduction in property value, as the seller initially acquired the property for $47,000,000 in 2016, representing a 53% decline in value.