Home Depot Purchases Retail Space In Santa Rosa From Headley Management For $47M

A retail property located at 100 Bicentennial Way in Santa Rosa, California, was sold for $47,000,000. The asset spans 128,092 square feet and sits on over 19 acres of land. The sale price translates to approximately $366.92 per square foot, which is below the North Bay market average of around $500 per square foot. The property was originally constructed in 1998 and includes a former Yardbirds Home Improvement Center. It is positioned less than a mile from U.S. Route 101.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $47,000,000
• Buyer: Ted Decker - Home Depot
• Seller: Headley Management Inc
• Square Footage: 128,092
• Price per Square Foot: $367
• Market: Santa Rosa
• Acres: 19
• Date of Transaction: 02/04/2026

In the transaction, Ted Decker represented Home Depot as the buyer, acquiring the property from Headley Management Inc, who were the sellers. The deal effectively ended a sublease that had expired prior to the sale.