CBRE And SC Properties To Market 10-Building Investment Portfolio On San Francisco Peninsula

Colliers International Group, San Jose, Oakland, Stockton, Pleasanton, Redwood City, Fairfield, Mountain View, Gilroy, Walnut Creek, San Francisco, Bay Area

CBRE, in conjunction with SC Properties announced today the upcoming sale of a portfolio of four properties on the San Francisco Peninsula. David Black, Senior Vice President, and Marshall Hydorn, Senior Vice President, with CBRE, along with Kevin Phillips from SC Properties, are leading the marketing on behalf of the owner.

“This is a rare opportunity to acquire a distinct portfolio,” said Phillips. ”In my 14 years in the market, I don’t think I’ve seen a similarly diverse set of assets.”

The family has owned and operated properties throughout the Bay Area for three generations. The portfolio includes:

  • 1019-1025 Laurel Street, Menlo Park; two buildings, 8 units.
  • 1041-1063 Laurel Street, Menlo Park; two buildings, 12 units.
  • 36, 44 & 70 Renato Court, Redwood City; 3 buildings, 52 units.
  • 1120 Eaton Avenue, San Carlos; 20 units, one retail space.

All of the apartment properties are in central locations minutes from respective downtown cores and nearby major freeways.

Additionally, two commercial properties are being offered: a 15,500-square-foot retail strip center in South San Francisco, and a 70,000-square-foot, 100 percent leased industrial park in Santa Clara. Scott Prosser, SIOR, Executive Vice President with CBRE along with David Black and Marshall Hydorn are marketing the properties for sale.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.

About SC Properties
Established in 1996, SC Properties was founded to serve the small to medium sized investment property owner in the Bay Area. This privately owned investment brokerage company takes pride in the reputation it has built in providing services ranging from investment property sales to property management to development consulting for its clientele. More information is available at www.scpropsm.com

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