Transwestern Tapped to Lease 300 KSF of Office Space in NorCal

The company will be providing leasing services to four properties located in Walnut Creek and Concord.
1600 Riviera Ave. Walnut Creek, Calif.
1600 Riviera Ave. Walnut Creek, Calif.

Walnut Creek, Calif.—Transwestern has been retained to provide Agency Leasing services for more than 300,000 square feet of office space in the Walnut Creek and Concord submarkets of California. Matt Hurd, Scott Ellis and Terry Vani, senior vice presidents, will represent the new assignments.

The company will be providing services to 1600 Riviera Ave., a 113,190-square-foot office asset, as well as 925 & 2700 Ygnacio Valley Road, which offer 17,120 square feet and 107,146 square feet of office space in Walnut Creek. 2600 Stanwell Drive in Concord, a 48,548-square-foot medical building, is also on the list of assignments.

“The vacancy in the North Interstate 680 submarket is at a historic low, driven by demand for space in the East Bay resulting from tenant migration, existing expansions and relocations,” said Hurd, in prepared remarks. “We are beginning to see investors place their chips in the East Bay as the real estate market cycles and demands continue to increase.”

Image courtesy of Yardi Matrix