Hamilton Zanze and Graham Street Realty, two affiliated Bay Area–based national real estate investment firms, and Davidson Kempner Capital Management, a New York City–based investment management firm, have closed on the acquisition of a 60-property portfolio spread across Marin and Sonoma counties in California. The properties comprise more than 1.4 million square feet of commercial and multifamily space and were acquired for a total purchase price of $436.5 million.
The properties range in size from 3,500 square feet up to 85,000 square feet, encompassing a total of 935 residential units and approximately 680,000 square feet of commercial space.
"We are enthusiastic about the opportunity to bring these properties into our portfolios and deliver successful investment results for our investing partners," said David Messing, managing principal of Graham Street Realty.
Ashlee Cabeal, CFO of Hamilton Zanze, added, “We look forward to investing over $50 milli
