Big Alameda office building gets new owner and new tenant

ALAMEDA — A big office building in Alameda that is fully leased to a fast-expanding healthcare products company has been bought by Bay Area investors in a deal that widens a remarkable property shopping spree in that city.

Nome Capital Partners, acting through affiliate Harbor Bay CA, has bought an office building at 1310 Harbor Bay Parkway in Alameda whose tenant is Penumbra, a maker of medical devices.

The building, which totals 127,000 square feet, was bought for $79.5 million, according to documents filed on Aug. 31 at the Alameda County Recorder’s Office.

Adam​ Lasoff, a broker with JLL Capital Markets, a unit of commercial real estate firm JLL, arranged the property purchase. Seth Siegel, a broker with commercial real estate firm Cushman & Wakefield, also was involved in handling the transaction.

srmErnst Development Partners built the new offices and then sold the building to Nome Capital, the county documents show.

The just-bought office building offers Penumbra a number of amenities: an outdoor courtyard, a conference center, a campus cafe, a coffee bar, and 391 parking spaces.

To help finance the purchase, Nome Capital obtained $49 million in financing from New York City-based Aareal Capital Corp., according to the Alameda County documents.

The Nome Capital purchase extends a dramatic buying binge for commercial real estate in Alameda that’s occurred in a three-month period starting in late May.

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