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1655 Grant Street

Christopher Peatross Sells Office Assets At 1655 Grant Street And 1755 Grant Street For $45.25M
SOLDOffice

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

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:

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.

Players

Steven Golubchik

Newmark

Broker

$2B

vol

19 deals

Broker
Christopher Peatross

Christopher Peatross

Seller

$697.3M

vol

9 deals

Seller

Concord 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

0.35%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93