The second quarter was the strongest in years for single property office investment sales in metro Oakland according to Reis Transaction Analytics.* The eight deals saw $188.1 million changing—as much as in recent entire years—at a mean price of $185 psf and a mean cap rate of 7.5%. The quarter’s leading deal was the 288,000-square-foot Pleasanton Corporate Center in Pleasanton, which traded in May for $96.5 million ($335 psf). LBA Realty LLC sold it to Cole Real Estate Investments. The top four deals of the past 12 months all occurred in the second quarter. The rolling 12 month cap rate ended the quarter at 8.0%.