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Newmark advised on the sale of The Plaza at Walnut Creek, a trophy 362,399-square-foot office complex in San Francisco’s East Bay market. The property at 1331 and 1333 N. California Blvd. in Walnut Creek sold for $162 million, reportedly the largest multi-tenant office sale on the West Coast since 2022.
Steven Golubchik, president, Western region capital markets; vice chairman Edmund Najera; managing director Darren Hollak; and associate director Francesca Zappula represented Clarion Partners in the sale to PSAI Realty Partners. Newmark vice chairman Breck Lutz, senior managing director Alex Grell and managing director Danny Bartz serve as leasing advisors.