Updated Oct 12, 2026
Hackman Capital Partners Acquires Retail & Parking Property In Emeryville For $23.2M
5515 Doyle Street, Emeryville, California 94608, United States
$23,200,000
$703,030/SF
Building Size
33 SF
Asset Type
Retail
Closing
Nov 11, 2022
About this deal
AI
Located at 5515, 5520, 5521 & 5522 Doyle Street in Emeryville, CA, the property involved in this closed transaction is a retail and parking asset. It spans across approximately 33,000 square feet and was sold for a price of $23,200,000, resulting in a price per square foot of $703.
Summary of Transaction Details:
- Property Type: Retail & Parking
- Transaction Amount: $23,200,000
- Address: 5515, 5520, 5521 & 5522 Doyle Street, Emeryville, CA
- Market: Emeryville, CA
The buyer in this transaction was Hackman Capital Partners, represented by Michael Hackman. On the other hand, Fordham Properties, represented by Ronald Silberman, acted as the seller. The deal was successfully closed on November 11, 2022, with Michael Hackman acquiring the property.
On the Map
$23,200,000
$703,030/SF
Retail
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Players
Emeryville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.68%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93