DLA Piper and CBRE Global Investors Announce 41,000 SF Lease Renewal at Pacific Plaza in Walnut Creek, CA


DLA Piper represented the landlord in the negotiation of a lease renewal agreement with Central Garden & Pet, a producer and distributor of consumer lawn, garden and pet supplies, for approximately 41,000 square feet of office space at Pacific Plaza in Walnut Creek, California. The Northern California property is operated by CBRE Global Investors, on behalf of one of its separate account clients. Central Garden & Pet was represented by John Cooper and Adam Ebner of CBRE.

Pacific Plaza is a Class A office building located at 1340 Treat Boulevard within the Walnut Creek Centre, a 125-acre executive office park, featuring multi-zone air conditioning, a spacious plaza and fountain, an on-site deli/café, on-site property management, a 249-room all-suite hotel with meeting facilities adjacent to the building, close proximity to restaurants, shopping, personal service retailers and financial institutions and a two-level underground parking garage that is accessible 24 hours a day with a card key security system.

“The extensive offering of amenities at Pacific Plaza – including the conference facilities, fitness center, flexible floor plans and impressive views of Mount Diablo, along with access to CBRE Global Investors’ excusive A&B hospitality program – has made it a highly desirable location for tenants, and we were pleased to help facilitate this lease renewal with Central Garden & Pet,” said Casey Sobhani, DLA Piper partner and head of leasing for the firm, who represented the landlord.

“CBRE Global Investors’ A&B program offers premium hospitality services and customized technology to create convenience and drive productivity for tenants, as well as inventive and versatile common spaces to enhance tenant engagement and connections. The entire program provides a thoughtful approach to the workplace, focused on going Above & Beyond for every tenant that resides in an A&B property like Pacific Plaza,” said Chris Bailey, Senior Director for CBRE Global Investors.

The landlord was also represented by Andrew Schmitt and Kirk Beebe of CBRE, who have the leasing assignment for Pacific Plaza.

“Pacific Plaza combines Class A office space with a strategic location offering access to both BART and I-680. Recent renovations completed in the lobby and common areas further position it as an attractive option for tenants,” said Andrew Schmitt, Senior Vice President, CBRE.

DLA Piper's Real Estate team offers a full range of services in areas including, among other things, acquisitions and dispositions, construction law, financing, commercial real estate, land use, planning and development, leasing, environmental law, insurance and tax.

CBRE Global Investors

CBRE Global Investors is a global real assets investment management firm with $109.6 billion in assets under management* as of June 30, 2020. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.

CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE). It harnesses the research, investment sourcing and other resources of the world’s largest commercial real estate services and investment firm (based on 2019 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com.

*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors' presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers.

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