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California  + Bay Area  + Office  | 

Graham Street Realty Divests Petaluma Offices

San Francisco-based commercial real estate investment firm Graham Street Realty (GSR), an affiliate of Hamilton Zanze, has sold Sequoia Business Center, a two-story, 39,054-square-foot office building in Petaluma. The buyer was Rajesh Investment Properties; financial terms of the sale were not disclosed.

GSR sponsored the acquisition of Sequoia Business Center, built in 1994 and located at 1425 N. McDowell Blvd., in December 2021. During its ownership, GSR oversaw a number of upgrades at the property, including extensive speculative suite upgrades and site improvements.

“We are very pleased to complete the disposition of Sequoia,” said Andrew Mustin, director of asset management at GSR. “We enjoyed our ownership of this North Bay asset and believed the time was right to engage in this transaction and transition the property to its next owner.”

Paramount Property Co., an Oakland-based GSR affiliate, managed Sequoia during GSR’s sponsored ownership of the asset. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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