PLEASANTON, CA—MIG Real Estate, a Newport Beach-based real estate investment company, has sold Britannia Business Center, an approximately 135,000-square-foot office property in Pleasanton.
Steven Golubchik and John Simerlein of HFF's San Francisco office represented MIG Real Estate in the transaction. Terms of the transaction were not disclosed.
“Britannia Business Center is a highly functional, multi-tenant property in Hacienda Business Park, a prominent address in an East Bay market with a significant concentration of office space occupied by strong national companies,” said Greg Merage, chief executive officer of MIG Real Estate. “Improvement in market conditions since the national recession has resulted in increases in property values, allowing us to complete the sale in advance of our originally contemplated timeline.”
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
