Recent Sales Asset

Expresso Airport Parking

Oakland, California

About the Property

  • Services Oakland International Airport
  • Acquired by Parkit and its partners for USD $18.6M in 2014
  • 1,899 stalls
  • Sold to OP Holdings JV in 2015 for USD 19.2M
  • Sold in 2018 for USD $36.1M
  • Achieved an IRR to Equity of 42% for the JV