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Balboa Retail Partners Acquires Retail Property On Floresta Blvd. For $12M

250 Floresta Boulevard
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This Retail property located in CA was sold for $12,000,000 almost 2 years ago. The brokers of the deal were Daniel Tyner and Gleb Lvovich

Located at 250 Floresta Blvd. in the Bay Area, this retail asset was recently sold for a total of $12,000,000. Spanning approximately 91,905 square feet, the property was purchased by Balboa Retail Partners from the seller, Michael Dayan. Brokers Daniel Tyner and Gleb Lvovich from JLL represented both parties in the transaction.

Summary of Transaction Details

  • Property Type: Retail
  • Transaction Amount: $12,000,000
  • Address: 250 Floresta Blvd.
  • Market: Bay Area
  • Buyer: Balboa Retail Partners
  • Seller: Michael Dayan
  • Brokers: Daniel Tyner & Gleb Lvovich - JLL
  • Square Footage: 91,905
  • Price per Square Foot: $130

Gleb Lvovich and Daniel Tyner from JLL played a significant role as the brokers in this deal, representing both the buyer and seller respectively.

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Deals
  • Location
    250 Floresta Boulevard, San Leandro, California 94578, United States250 Floresta Boulevard, San Leandro, California 94578, United States
  • Sale Price
    $12,000,000$12,000,000
    $130 PPSF$130 PPSF
  • Area
    91,905 SF91,905 SF
  • Asset Type
    RetailRetail
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Gleb Lvovich

Gleb Lvovich

Deals36
Financed$897M

Daniel Tyner

Daniel Tyner

Deals32
Sold$731.6M

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

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Deal Summary

SALE IMAGE: Gleb Lvovich & Daniel Tyner DATE: 06/13/2022 ADDRESS: 250 Floresta Blvd. MARKET: Bay Area ASSET TYPE: Retail BUYER: Balboa Retail Partners SELLER: Michael Dayan BROKERS: Daniel Tyner & Gleb Lvovich - JLL (@JLL) SALE PRICE: $12,000,000 SF: 91,905 ~ PPSF: $130

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250 Floresta Boulevard

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