Eaton Vance Acquires Retail Asset From Site Centers In Oakland For $44.4M
SOLD
$44,400,000
+ 2
California
See Similar DealsRetail57,218 SF
Sold 09/25/2024
SOLD
Eaton Vance Acquires Retail Asset From Site Centers In Oakland For $44.4M
230 Bay Place
See Similar DealsRetail57,218 SF
Sold 09/25/2024
+ 2
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$776
Total Square Footage:57,218 SF
Transaction Type:Sale
The retail property located at 230 Bay Place in Oakland has been sold for a price of $44,400,000. The asset spans 57,218 square feet, resulting in a price per square foot of $775.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $44,400,000
- Address: 230 Bay Place
- Market: Oakland
- Buyer: Eaton Vance
- Seller: Site Centers
- Brokers: Eric Kathrein, Geoff Tranchina, Gleb Lvovich, Daniel Tyner & Warren McClean - JLL
The transaction involved prominent brokers from JLL, including Eric Kathrein, Geoff Tranchina, Gleb Lvovich, Daniel Tyner, and Warren McClean, who played integral roles in facilitating the deal between Eaton Vance and Site Centers.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,368,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$157,743.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$210,478.65
Annual Debt Service$2,525,743.82
Is there something missing? Send suggestions