Marcus & Millichap Arranges $5M Sale of Single-Tenant Retail Property in Alameda, California
Why this matters
This transaction underscores the continued institutional interest in single-tenant retail assets within gateway markets, despite broader sector headwinds. The Bay Area, with its resilient employment base and constrained supply, remains a focal point for investors seeking stable income streams amid retail’s uneven recovery. The involvement of a creditworthy tenant on a long-term lease suggests that investors are prioritizing income security over growth potential, reflecting a cautious stance amid tightening lending conditions and rising interest rates. The modest deal size and single-tenant format indicate that capital is still flowing into niche retail properties that combine location quality with tenant credit strength, rather than large, multi-tenant retail complexes facing structural challenges. This deal also signals that brokers and capital providers remain active in facilitating liquidity for smaller-scale retail assets, which can serve as portfolio diversifiers for institutional investors seeking to balance risk. Overall, the sale highlights a bifurcation within retail real estate: while many segments struggle, well-located, single-tenant properties with stable tenants continue to attract capital, suggesting a selective but persistent appetite in the sector.
Editorial analysis · AI-assisted
On the RET wire
- The 79th San Francisco story tracked on the wire in August 2026. All San Francisco coverage →
- Disclosed retail deal value tracked in August 2026: $2.7B across 94 reported transactions. All Retail coverage →
- 149 stories mentioning Marcus & Millichap on the wire in the past 90 days. Marcus & Millichap coverage →
Computed from Real Estate Trail’s own tracked coverage
ALAMEDA, CALIF. — Marcus & Millichap has arranged the $5 million sale of a single-tenant retail property located in the Bay Area city of Alameda. Peet’s Coffee & Tea occupies the 3,000-square-foot building on a 10-yea…
External link. Real Estate Trail does not republish source content.
Related coverage — San Francisco · Retail
Vintage San Francisco Office Properties Trade Hands
Seven Equity Group acquired 875 and 899 Howard, a two-building office property totaling roughly 280,000 square feet in downtown San Francisco, for $65.5 million. Commercial Search reports that Genesis Capital Group or…
Prologis Files Plans for 514,000 SQFT Data Center on Charcot Avenue in North San Jose
Prologis wants to tear down five aging North San Jose industrial buildings and put up a 99-megawatt, three-story data center at 326 Charcot Ave., betting that powered land is now worth more than flex space. Prologis h…
Novogradac Conference to Explore How Housing Intersects with NMTC Strategy
Novogradac to Host 2026 Fall New Markets Tax Credit Conference, Oct. 22-23 in New Orleans SAN FRANCISCO, Sept. 28, 2026 /PRNewswire/ -- Community development professionals will gather to take a focused look at how the…
Waymo Nears Deal for 120K SF of Office in San Francisco
Waymo is nearing a deal to lease three floors of space at Elecor Properties’ One Market Plaza in San Francisco, including two floors once occupied by Alphabet Inc.’s Google, the San Francisco Business Time…
LaSalle Acquires 482-Bed Student Housing Community Near San Jose State University
SAN JOSE, CALIF. — LaSalle Investment Management has acquired 27 North Apartments, a 482-bed student housing community located near the San Jose State University campus. The seven-story property offers 119 units in a…
Keech Properties Buys Sunsweet Apartments in Silicon Valley for $45M
MORGAN HILL, CALIF. — Redwood City, Calif.-based Keech Properties has acquired Sunsweet Apartments in Morgan Hill, about 10 miles south of San Jose, for $45 million. Built in 2020, Sunsweet Apartments is situated on a…