HOLLIS STREET LLC ACQUIRES 55,000-SQUARE-FOOT OFFICE BUILDING FOR $17 M

EMERYVILLE, CALIF. — Hollis Street LLC has acquired a 55,000-square-foot office building, which is located at 5650 Hollis Street in Emeryville. The property, which is 100 percent leased to Bayer Pharmaceuticals, sold for $17 million or $309 per square foot. Barry Cohn of NAI BT Commercial Oakland represented the buyer in the transaction. The seller was Emeryville Quarters LLC.