Regions West | San Francisco
California Retailer Headquarters Sold for $66.5M
Oct 4, 2007

Capmark has sold the 336,000-square-foot corporate headquarters of national retailer Mervyn's, located in Hayward, Calif., to a Southern California-based real estate group for $66.5 million. The sale was negotiated by Lior Regenstreif, a senior associate & director in Marcus & Millichap Real Estate Investment Services' national retail group, who represented both the buyer and the seller in the deal. Mervyn's occupies the space under a triple-net lease. Capmark had acquired the property in March of this year for about $60 million.

 
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