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Four Corners Properties Acquires Office In Belmont For $90.2M

1301 Shoreway Road
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This Office property located in CA was sold for $90,200,000 over 2 years ago. The brokers of the deal were Kyle Kovac, Michael "Mike" Taquino, Scott J. Prosser, and Joseph (Joe) Moriarty

A 150,000 square foot office building located at 1301 Shoreway Road in Belmont has been sold for $90,200,000. The property was purchased by Four Corners Properties from the seller, Westlake Group. The transaction was facilitated by brokers Mike Taquino, Kyle Kovac, Joe Moriarty, and Scott Prosser of CBRE Capital Markets.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $90,200,000
  • Address: 1301 Shoreway Road
  • Market: Belmont

The office building at 1301 Shoreway Road in Belmont was sold for $90,200,000. The buyer, Four Corners Properties, acquired the property from the seller, Westlake Group. The transaction was brokered by Mike Taquino, Kyle Kovac, Joe Moriarty, and Scott Prosser from CBRE Capital Markets.

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Deals
  • Location
    1301 Shoreway Road, Belmont, CA, USA1301 Shoreway Road, Belmont, CA, USA
  • Sale Price
    $90,200,000$90,200,000
    $601 PPSF$601 PPSF
  • Area
    150,000 SF150,000 SF
  • Asset Type
    OfficeOffice
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Michael "Mike" Taquino

Michael "Mike" Taquino

Deals8
Sold$389.8M

Kyle Kovac

Kyle Kovac

Deals7
Sold$351.3M

Scott J. Prosser

Scott J. Prosser

Deals7
Sold$373.4M

Joseph (Joe) Moriarty

Joseph (Joe) Moriarty

Deals9
Sold$483.7M

Agency

CBRE

CBRE

Agency
Deals4228
Volume$184.3B

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Deal Summary

SALE IMAGE: Mike Taquino, Kyle Kovac, Joe Moriarty & Scott Prosser DATE: 12/08/2021 ADDRESS: 1301 Shoreway Road MARKET: Belmont ASSET TYPE: Office BUYER: Four Corners Properties SELLER: Westlake Group BROKERS: Mike Taquino, Kyle Kovac, Joe Moriarty & Scott Prosser - CBRE Capital Markets SALE PRICE: $90,200,000 SF: 150,000 ~ PPSF: $601

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1301 Shoreway Road

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