Site Centers Acquires Retail Property In Lafayette For $103.2M

21 Lafayette Cir. & 3585-3597 Mt. Diablo Blvd. in Lafayette has been sold for $103,200,000. The retail property spans 130,900 square feet with a price per square foot of $788. The transaction took place on May 13, 2022. The buyer, SITE Centers, was represented by David Lukes. The sellers, Stephen Cortese and Ann Cortese, enlisted the services of Nicholas Bicardo and Steven Golubchik from Newmark as their brokers in this deal.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $103,200,000
• SF: 130,900
• PPSF: $788
• Date: 05/13/2022
• Address: 21 Lafayette Cir. & 3585-3597 Mt. Diablo Blvd.
• Market: Lafayette

The buyer's representative, David Lukes, played a crucial role in facilitating the transaction. The sellers, Stephen Cortese and Ann Cortese, engaged the services of Nicholas Bicardo and Steven Golubchik from Newmark as their brokers, ensuring a smooth negotiation process.