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6001 Shellmound Street

Jason Oberman Of Blox Ventures Purchases Office Building From Rick Stone Of Everwest Advisors For $20.6M
SOLDOffice

Jason Oberman Of Blox Ventures Purchases Office Building From Rick Stone Of Everwest Advisors For $20.6M

6001 Shellmound Street

$20,600,000

$188/SF

Building Size

109,333 SF

Asset Type

Office

Closing

Mar 24, 2025

AI

The property asset involved in the transaction is located at 6001 Shellmound Street in Emeryville. This office space has a total square footage of 109,333.0 and was sold for a price of $20,600,000.00.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: $20,600,000.00
  • Address: 6001 Shellmound Street
  • Market: Emeryville
  • Square Footage: 109,333.0
  • Buyer: Jason Oberman - Blox Ventures
  • Seller: Rick Stone - Everwest Advisors

Jason Oberman, representing Blox Ventures, acquired the property from seller Rick Stone, who represented Everwest Advisors. This transaction highlights the engagement of these companies in the Emeryville market.

Players

Rick Stone

Seller

$329.8M

vol

14 deals

Seller

Emeryville Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.77%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93