Riveria WC Sells 128,000 SQFT Riviera Plaza Office Building in Walnut Creek for $14.5MM

A Walnut Creek buyer that shares an address with one of the building's own tenants paid $14.5 million for the four-story Riviera Plaza at 1600 Riviera Avenue, using a life insurance company loan and seller financing to cover roughly 90 percent of a price that sits about a third below the county's assessed value.