Bob McClain Of Crow Holdings Capital Acquires Retail Center In Petaluma For $7.3M

901 & 905 East Washington Street is a retail asset situated on 0.83 acres in the Petaluma market. The property encompasses a total square footage of 26,699 and is currently listed at a sale price of $7,300,000, with a price per square foot of $273.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,300,000
• Square Footage: 26,699
• Address: 901 & 905 East Washington Street
• Market: Petaluma
• Brokerage Firm: JLL
• Buyer's Representative: Bob McClain - Crow Holdings Capital
• Brokers: Eric Kathrein & Warren McClean - JLL

The property is 64% leased and includes tenants such as FedEx and Sherwin Williams. JLL Capital Markets facilitated the transaction, demonstrating the value-add potential through future leasing and repositioning opportunities for the asset.