The three buildings are situated on 4 acres and 94% leased to seven tenants.
MOUNTAIN VIEW, CA—McCarthy Cook recently acquired Castro Station, a three-building class-A office campus totaling 114,809 square feet in downtown for $179.7 million or $1,565 per square foot. Castro Station is located adjacent to Caltrain and within walking distance to Castro Street amenities. The three buildings are situated on 4 acres and 94% leased to seven tenants, anchored by Dropbox.
Cozen O'Connor negotiated the joint venture and the management agreement for McCarthy Cook. The Cozen O'Connor team was led by Paul Rutter. Cozen O'Connor and Northwestern Mutual Life were advisor partners in the transaction.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
