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
Emeryville Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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