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2696 Pinole Valley Road

Updated Sep 10, 2026

Terry Brown Of Asana Partners Acquires Pinole Valley Shopping Center From Terry Fancher For $42.7M
SOLDRetail

Terry Brown Of Asana Partners Acquires Pinole Valley Shopping Center From Terry Fancher For $42.7M

2696 Pinole Valley Road

$42,700,000

$647/SF

Building Size

66,000 SF

Asset Type

Retail

Closing

Sep 8, 2026

About this deal

AI

The property asset involved in this transaction is the Pinole Valley Shopping Center located at 2696 Pinole Valley Road, Pinole, CA. The center spans 66,000 square feet and sits on 6 acres of land. The sale was executed for a total price of $42,700,000, translating to a price per square foot of $647.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $42,700,000
  • Buyer: Terry Brown - Asana Partners
  • Seller: Terry Fancher - Stockbridge Capital Group
  • Square Footage: 66,000
  • Acres: 6
  • Market: Pinole, CA

Broker representations in this transaction include Terry Brown representing Asana Partners and Terry Fancher representing Stockbridge Capital Group. The deal reflects a strong retail occupancy rate in the Bay Area, which reached 94.1% in Q2 2026, the highest occupancy level since Q1 2022.

On the Map

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$42,700,000

$647/SF

Retail

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Players

Terry Brown

Asana Partners

Buyer

$212.1M

vol

6 deals

Buyer
Terry Fancher

Terry Fancher

Stockbridge

Seller

$2.1B

vol

24 deals

Seller
Bilt advertisement

Pinole Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $647 per square foot on a published $42.7M for 66,000 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.37%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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