The Lockehouse Investment Sales Team is pleased to announce the sale of the mixed-use building at 1820 Solano Ave in Berkeley, CA. The seller and buyer were represented by David Kram and Rachel Kram of LIST, who also introduced the loan broker and Lockehouse Property Management Group to the buyer as well.
The trophy-asset building houses prominent tenants such as Lavender Bakery & Cafe, Anytime Fitness, Old Republic Title Company, and North Berkeley Wealth Management, among others. The 35,185 square foot building includes a parking garage and was fully leased at the time of sale. This transaction is one of the few mixed-use, multitenant transactions to close since the Shelter In Place lockdowns in California, which speaks to the strength in the location and tenancy of the property.
The Lockehouse Investment Sales Team specializes in the acquisition and disposition of single-tenant retail, shopping centers, light industrial, mixed-use, office, self-storage, multifamily, and raw land. Please contact us if you would like an opinion of value on your property, COVID-neutral strategies, market updates, or more information regarding the sale of 1820 Solano Ave at [email protected].