Michael A. Covarrubias Of TMG Partners And B3 Investors Acquires Berkeley Crossing Office For $12M

1608 4th Street is an office property located in Berkeley, CA. The asset was sold for $12,000,000, representing approximately 115,526 square feet with a price per square foot of $104. The sale is noted for being among the East Bay’s lowest office sale prices per square foot this year.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $12,000,000
• Square Footage: 115,526
• Price Per Square Foot: $104
• Address: 1608 4th Street
• Market: Berkeley, CA
• Buyer: Michael A. Covarrubias - TMG Partners; B3 Investors

Michael A. Covarrubias represented TMG Partners in the acquisition of Berkeley Crossing alongside B3 Investors, indicating a strategic move within the market. This collaboration emphasizes the involvement of key players in the transaction, highlighting their roles in executing the deal effectively.