Telegraph Commons, a Mixed-Use Asset in Berkeley Sells for $16.5MM

Telegraph Commons, a mixed-use asset with 118-beds and five retail tenants has sold for $16,500,000. The iconic building located at the corner of Telegraph Avenue and Channing Way, two blocks from UC Berkeley, traded a $640 per gross square foot. Telegraph Commons, originally constructed in 1923 as an office building, was converted about 15 years […]