CalSTRS Sells 260,000 SQFT Walnut Creek Office Tower to AAA Mountain West Group for $37.5MM

CalSTRS is exiting its 260,000-square-foot Walnut Creek office tower at a 34 percent loss against its 2002 purchase price and a 57 percent discount to January assessed value, selling to AAA Mountain West Group — which currently leases space directly across Treat Boulevard — as the East Bay office market posts its weakest quarterly leasing […]