SAN RAMON — A big office hub in San Ramon has been seized through a foreclosure that valued the property at less than half of what it was worth seven years ago, in a fresh sign of the nosedive in the East Bay office market.

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The two foreclosed office buildings are located at 2000 and 2010 Crow Canyon Place in San Ramon, according to documents filed on Dec. 4 with the Contra Costa County Recorder’s Office.

The office complex is known as Plaza San Ramon. It consists of two similar buildings that together total 312,000 square feet. Texas-based real estate firm C-III Capital Partners had bought the buildings in 2018 and lost them through the foreclosure.

The loan delinquency that led to the foreclosure of the loan for the

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