{"id":1004052933,"date":"2012-02-20T15:36:12","date_gmt":"2012-02-20T23:36:12","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=35643"},"modified":"2022-12-08T09:38:58","modified_gmt":"2022-12-08T17:38:58","slug":"swift-realty-ready-to-flip-600000-sf-in-concord","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/swift-realty-ready-to-flip-600000-sf-in-concord\/","title":{"rendered":"Swift Realty Ready to Flip 600,000 SF in Concord"},"content":{"rendered":"<p>By Alex Girda, Associate Editor<\/p>\n<p>Less than a year after its acquisition of the former Bank of America campus in Concord, Swift Realty Partners is ready to start flipping the property. The company has listed the buildings at 2000 Clayton Road and 2001 Clayton Road, which total 600,000 square feet, accounting for about half the 1.1 million-square-foot, four-building complex, the <em>San Francisco Business Times <\/em>reported. The buildings are 100<br \/>\npercent leased to Bank of America, which earlier this year announced plans to\u00a0 sell most of their current office assets. <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/02\/cfiles50776.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-35668\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/02\/cfiles50776.jpg\" alt=\"\" width=\"300\" height=\"225\" \/><\/a><\/p>\n<p>If current trends are any indication, Swift Realty stands to pocket a hefty profit. The two buildings, which are being marketed by Jones Lang LaSalle Inc., could command around $110 million. That would constitute a\u00a0 considerable premium above the $80 million price that the company paid for the property only last July.<\/p>\n<p>Renamed Swift Plaza by the new owners, the complex is located<br \/>\nnear a BART station, Interstate 680 and Highway 242. According to\u00a0the<em> Business Times<\/em>, the campus features a full-service restaurant, gym facilities and a six-level parking garage. Elsewhere in Concord, Swift Realty owns One Concord Center, a 360,000-square-foot office building, which it acquired in a $43 million foreclosure sale.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Alex Girda, Associate Editor<br \/>\nLess than a year after its acquisition of the former Bank of America campus in Concord, Swift Realty Partners is ready to start flipping the property. The company has listed the buildings at 2000 Clayton Road [&#8230;]<\/p>\n","protected":false},"author":41,"featured_media":1004505547,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1609],"tags":[],"class_list":["post-1004052933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-san-francisco"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Swift Realty Ready to Flip 600,000 SF in Concord - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/swift-realty-ready-to-flip-600000-sf-in-concord\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Swift Realty Ready to Flip 600,000 SF in Concord\" \/>\n<meta property=\"og:description\" content=\"By Alex Girda, Associate Editor Less than a year after its acquisition of the former Bank of America campus in Concord, Swift Realty Partners is ready to start flipping the property. The company has listed the buildings at 2000 Clayton Road [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/swift-realty-ready-to-flip-600000-sf-in-concord\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-02-20T23:36:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T17:38:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/cfiles50776.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alex Girda\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/swift-realty-ready-to-flip-600000-sf-in-concord\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/swift-realty-ready-to-flip-600000-sf-in-concord\\\/\"},\"author\":{\"name\":\"Alex Girda\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/540f0253de89dedaae7684239611b81c\"},\"headline\":\"Swift Realty Ready to Flip 600,000 SF in Concord\",\"datePublished\":\"2012-02-20T23:36:12+00:00\",\"dateModified\":\"2022-12-08T17:38:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/swift-realty-ready-to-flip-600000-sf-in-concord\\\/\"},\"wordCount\":200,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/swift-realty-ready-to-flip-600000-sf-in-concord\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/cfiles50776.jpg\",\"articleSection\":[\"News\",\"San Francisco\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/swift-realty-ready-to-flip-600000-sf-in-concord\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/swift-realty-ready-to-flip-600000-sf-in-concord\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/swift-realty-ready-to-flip-600000-sf-in-concord\\\/\",\"name\":\"Swift Realty Ready to Flip 600,000 SF in Concord - 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