The retail property located at 1640-1760 S. Bascom Ave. in Silicon Valley has been leased. The landlord, UBS Realty Investors & Hunter Properties, has secured tenants Bober Tea & Mochi Dough for the space. The leasing transaction was facilitated by Hilary Parker of Retail West, representing the tenant, and Ron E. Cruz, Matt Sweeney & Sean O'Carroll of Newmark, representing the landlord.

Summary of transaction details

• Property Type: Retail
• Transaction Date: 10/20/2021
• Address: 1640-1760 S. Bascom Ave.
• Market: Silicon Valley
• Landlord: UBS Realty Investors & Hunter Properties
• Tenant: Bober Tea & Mochi Dough
• Tenant's Representative: Hilary Parker - Retail West
• Landlord's Representatives: Ron E. Cruz, Matt Sweeney & Sean O'Carroll - Newmark
• Asking Rent: $72/ft.
• Leased Square Footage: 1,562

The deal showcases the successful collaboration between UBS Realty Investors & Hunter Properties, who own the retail property, and Bober Tea & Mochi Dough, the tenants who will occupy the space. The transaction was facilitated by respected industry professionals, with Hilary Parker of Retail West representing the tenant and Ron E. Cruz, Matt Sweeney & Sean O'Carroll of Newmark representing the landlord. This lease agreement highlights the demand for rental spaces in Silicon Valley's retail market.