Updated Sep 10, 2026
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.
Players
Pinole 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
0.37%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93