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Marin Office Asset Trades for $46.8M

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A partnership between Portland, OR-based ScanlanKemperBard (SKB) and New York-based Angelo, Gordon & Co. acquired the 103,000-square-foot Belvedere Place in Marin County, CA from San Francisco-based Bently Holdings for $46.75 million.

SKB’s John Olivier says, “Belvedere Place perfectly complements our Novato office complex, Hamilton Landing. We now hold both Southern and Northern Marin’s most prestigious properties where we can best support cutting-edge companies.”

Constructed in 2000, the 60%-leased, Class A property is Southern Marin’s newest office building featuring creative space with exposed ceilings, operable windows, a Zen garden and covered parking. The new owners plan updates to building exteriors, augmenting the landscaping with outdoor shared gathering spaces, and constructing a gym complete with showers, lockers, bike lockers and bike storage.

Newmark Cornish & Carey Haden Ongaro, Mac Cranford and Mark Carrington represented both parties in the sale.

For comments, questions or concerns, please contact Dennis Kaiser

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Inside The Story

Connect With SKB’s OlivierConnect With Angelo GordonConnect With Newmark Cornish & Carey’s Ongaro

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition