Graham Street Realty Announces Sale of Sequoia

Commercial Property Features Nearly 40,000 Square Feet of Office Space in North Bay

SAN FRANCISCO, May 28, 2025 /PRNewswire/ -- San Francisco-based commercial real estate investment firm Graham Street Realty (GSR), an affiliate of Hamilton Zanze, today announced it has sold Sequoia Business Center, a two-story, 39,054-square-foot office building in Petaluma, Calif. The transaction closed on April 30. 

GSR sponsored the acquisition of Sequoia Business Center, which was built in 1994, in December 2021. GSR oversaw a number of upgrades at the property, including extensive speculative suite upgrades and site improvements.

"We are very pleased to complete the disposition of Sequoia," said Andrew Mustin, Director of Asset Management at GSR. "We enjoyed our ownership of this North Bay asset and believed the time was right to engage in this transaction and transition the property to its next owner."

Paramount Property Co., an Oakland, Calif.-based GSR affiliate, managed Sequoia during GSR's sponsored ownership of the asset. 

Located at 1425 North McDowell Boulevard near Old Redwood Highway, Sequoia features flexible floor plans, a conference room, elevator access and 117 onsite parking spots. The building contains eight suites on each floor, ranging from 910 to 5,429 square feet. The property offers a relaxed atmosphere with mature landscaping and exterior patio space.

Those interested in learning more about the suites currently available for rent at Sequoia Business Center should contact the property's new owner, Rajesh Investment Properties, at 707-322-7982.

About Graham Street Realty
Graham Street Realty (GSR) is a private, San Francisco-based commercial real estate investment firm founded in 2007. Since that time, GSR has sponsored the acquisition of over $485 million in office and industrial assets. Since its founding, the firm's focus has been on value-add investment in the multi-tenant office and industrial building market. To learn more, visit www.grahamstreetrealty.com.

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SOURCE Graham Street Realty