Updated Mar 3, 2026
Christopher Peatross Sells Office Assets At 1655 Grant Street And 1755 Grant Street For $45.25M
1655 Grant Street & 1755 Grant Street
$45,250,000
$94/SF
Building Size
477,502 SF
Asset Type
Office
Closing
Feb 11, 2026
About this deal
AI
The property asset involved in the transaction is an office located at 1655 Grant Street & 1755 Grant Street in the Concord market. The sale price was established at $45,250,000, with a total square footage of 477,502, resulting in a price per square foot of $95.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $45,250,000
- Seller: Christopher Peatross - Swift
- Buyer's Representatives: Omid Broukhim – BARAK Investors Group; David Maghen – MIP Investment Corp
- Seller's Representative: Steven Golubchik - Newmark
- Loan Amount: $140,000,000
- Sale Type: Receivership Sale
- Lender: Wells Fargo
This transaction featured key participation from Steven Golubchik, representing the seller, and the buyer's representatives, Omid Broukhim and David Maghen, each advocating for their respective firms in this closed deal.
On the Map
$45,250,000
$94/SF
Office
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Players
Concord 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
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93