Oct
31
CBRE Global Investors Grabs Suburban SF Office Tower
ByThe company snapped up the 394,000-square-foot asset from Tishman Speyer.
California Plaza, Walnut Creek, Calif., courtesy of CBRE Global Investors
San Francisco—CBRE Global Investors caps off a busy month of acquisitions with the purchase of California Plaza, a Class A office asset in Walnut Creek, Calif. A fund advised by the global real estate investment management firm snapped up the 394,000-square-foot metropolitan San Francisco property from Tishman Speyer.
Both buyer and seller are keeping mum on the price tag on the 31-year-old California Plaza, which last traded in the fourth quarter of 2013 when Tishman bought it from Heitman Financial for $102 million…
