Pomfret Estates Purchases Pleasanton Medical Building For $6.55 Million Transwestern Brokers Sale on Behalf of Buyer and Secures Leasing Assignment

PLEASANTON, Calif., Nov. 8, 2013 /PRNewswire/ -- Transwestern today announced it brokered the sale of a medical services building at 5000 Pleasanton Ave., in Pleasanton, Calif. Bernal Associates, based in Pleasanton, sold the property to Pomfret Estates Inc., for $6,550,000. Transwestern Managing Director Ed Del Beccaro represented Pomfret Estates, which plans to maximize the building's potential for rent growth in the Tri-Valley area. Representing the seller was Ian Thomas, senior vice president of Colliers International.

Del Beccaro and Transwestern Vice President Sonny O'Drobinak have also been retained to lease the two-story medical office building with 23,076 rentable square feet.

The building, permitted for medical use, offers approximately 3,556 rentable square feet on the ground floor, along with building signage opportunities and an excellent central location near Amtrak, Highways 580 and 680 and downtown Pleasanton. Potential tenants include major hospital groups, as well as providers such as opticians, dermatologists and neurologists.

ABOUT TRANSWESTERN
Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, development, research and sustainability. The fully integrated global enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. Transwestern facilitates better decision-making for clients by combining penetrating local market intelligence and macro-market research through its affiliate, Delta Associates. Transwestern has 34 U.S. offices and assists clients through more than 181 offices in 40 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. For more information, please visit www.transwestern.net and follow us on Twitter: @Transwestern.

Media Contact:

Jack Skelley, JSPR

310.490.4220

SkelleyJack@gmail.com

SOURCE Transwestern



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