fromwww.mercurynews.com
8 hours agoEast Bay office building bought at price below its prior value
An office building in Pleasanton was bought in a deal that cut the property's value nearly in half, records show. Real estate firms Cannae Partners and Realm teamed up to pay $8.5 million to buy the building at 4696 and 4698 Willow Rd., documents filed on Sept. 30 with the Alameda County Recorder's Office show. Deerfield Realty was the seller and provided the buying group with $4.25 million in financing at the time of the purchase, county records show.
East Bay real estate