Colliers International Markets 100% Leased Institutional-Quality Asset For Sale
SAN FRANCISCO, February 20, 2014 – Colliers International has been retained as the exclusive marketing agent for 111 McInnis Parkway, an approximate 115,514 square-foot three-story, Class A office building located in San Rafael, California. The trophy property is 100 percent leased to Autodesk, Inc., a world-class computer company. Colliers International’s Investment Services Group in San Francisco which includes, Tony Crossley, Erik Hanson, Tim Maas, and Frank Wheeler, is exclusively marketing the property and representing the seller, JHS Holdings, Inc., in the sale.
Located in Marin County, one of the most affluent areas of the Bay Area, 111 McInnis Parkway was constructed as a build-to-suit for in 1993-1994 for the current tenant. Positioned in a supply constrained market with high barriers to entry, the best-in-class property is close distance to a host of transportation options and area amenities, including highways 101 & 580, Larkspur Landing Ferry, and the future SMART rail, as well as Northgate Mall, Kaiser Permanente Hospital, and numerous parks and recreation areas.
“111 McInnis Parkway offers a rare opportunity for an investor to acquire a best-in-class, Class A office property backed by strong credit tenancy in one of the Bay Area’s most affluent submarkets.” says Erik Hanson.
About Colliers International
Colliers International is a global leader in commercial real estate services, with over 13,500 professionals operating out of more than 482 offices in 62 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world.