AAA Mountain West Group Acquires 260,000 Square Foot Office Building In Walnut Creek For $37.5M

The office building located at 1340 Treat Boulevard in Walnut Creek, CA, was sold for $37.5 million. This property encompasses a total area of 260,000 square feet, translating to a price per square foot of $144.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $37,500,000
• Buyer: AAA Mountain West Group
• Seller: Cassandra Lichnock - CalSTRS
• Square Footage: 260,000
• Price per Square Foot: $144
• Market: Walnut Creek, CA

The transaction represents a strategic move by the California State Teachers’ Retirement System (CalSTRS), as they adjust their real estate portfolio. AAA Mountain West Group has now acquired ownership of the office tower, enhancing their holdings in the area.