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8/25/21
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DWS has closed on the purchase of Hamilton Marketplace, a 90.7k sf shopping center in the Bay Area city of Novato. The property was sold by Grosvenor Americas in a deal sources say was valued at about $67 mil ($739/sf).
Hamilton Marketplace is located at 5800 Nave Dr, south of Ignacio Dr adjacent to the east side of Hwy 101. Anchored by Safeway, other tenants at the fully occupied center include Wells Fargo Bank, Peet’s Coffee, Pet Food Express, Nekter Juice, Cycle Bar and Super Duper Burgers.
Hamilton Marketplace was developed by Grosvenor in 2008. Nicholas Bicardo with Newmark repped Grosvenor in the transaction.
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