Marcus & Millichap Brokers $5M Sale of Single-Tenant Retail Property in Alameda, California
Why this matters
This transaction, while modest in scale, offers a window into the evolving dynamics of single-tenant retail assets within high-barrier US markets. The Bay Area remains a focal point for institutional capital due to its economic resilience and limited new supply, yet retail properties face headwinds from shifting consumer behavior and e-commerce penetration. A single-tenant retail sale in Alameda signals continued investor appetite for net-leased assets that provide stable, long-duration income streams, particularly when anchored by established national tenants. The relatively small deal size suggests that regional brokers and smaller institutional or private capital remain active in this niche, reflecting a bifurcation in retail capital markets between trophy, large-scale assets and more granular holdings. Moreover, the transaction underscores the ongoing relevance of retail real estate in gateway markets as a diversifier within broader CRE portfolios, despite sector-wide challenges. Lending conditions for single-tenant retail remain selective, but the presence of a long-term lease with a creditworthy tenant likely supports financing options, indicating that capital providers continue to differentiate within retail based on tenant quality and lease term. Overall, this deal exemplifies how institutional investors and lenders are navigating retail’s uneven landscape by targeting stable, income-oriented assets in resilient submarkets.
Editorial analysis · AI-assisted
On the RET wire
- The 80th San Francisco story tracked on the wire in August 2026. All San Francisco coverage →
- Disclosed retail deal value tracked in August 2026: $960.6M across 41 reported transactions. All Retail coverage →
- 130 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 brokered 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
Marcus & Millichap Arranges $5M Sale of Single-Tenant Retail Property in Alameda, California
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…
AI Now Fills 10% of San Francisco Office Supply as Bay Area Job Postings Jump 45%
JLL research lead Alexander Quinn says Bay Area office-job demand and San Francisco AI leasing are both climbing sharply, cutting against fears that artificial intelligence is gutting the region's white-collar workfor…
Fortress-Tied Owner Sells 91-Unit 520 Geary Apartments in San Francisco for $18.475MM, Roughly Half Its 2018 Price
An entity tied to Fortress Investment Group has sold the 91-unit apartment building at 520 Geary Street near San Francisco's Union Square to a Burlingame investor for $18.475 million, marking a roughly 50 percent mark…
Plank Closure Deepens Tenant Exodus at CIM Group’s Jack London Square in Oakland
The permanent closure of Plank after nearly 12 years marks the latest departure in a widening tenant exodus at Oakland’s Jack London Square, intensifying scrutiny of landlord CIM Group as the waterfront district strug…
San Jose Drafts Uniform Data Center Standards With Nine Large-Energy Projects Under Review
San Jose has launched a formal process to write uniform development standards for data centers and other large energy-use projects, an emerging asset class that already has nine applications pending before the city an…
Norman Spencer, Hines Executive Behind 101 California Street, Dies at 83
Norman Allen Spencer, the Coldwell Banker broker who brought Hines the deal that became San Francisco's landmark 101 California Street and spent more than 25 years shaping the city's office skyline, died July 20 at hi…