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Investor takes over office in East Bay tech center at steep discount

Deal is latest evidence of a Bay Area real estate reset
Blox Ventures bought the loan secured by 6001 Shellmound St., an eight-story, nearly 110,000-square-foot building in a well-trafficked shopping and retail area with “strong growth potential." (CoStar)
Blox Ventures bought the loan secured by 6001 Shellmound St., an eight-story, nearly 110,000-square-foot building in a well-trafficked shopping and retail area with “strong growth potential." (CoStar)
CoStar News
January 3, 2025 | 6:06 P.M.

A local investor is taking on a large office building in the budding Bay Area tech center of Emeryville for a fraction of what the previous owners paid for the property eight years ago.

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