The Peninsula Industrial Pros

Your Commercial Real Estate Source in the San Francisco Bay Area

Prologis Purchases Daly City Industrial for $21M

Exclusive comparable details:

Address:  2650 Bayshore Hwy, Daly City

Seller:   D.R. Stephens& Co.

Buyer:  Prologis

RBA SF:  248,000

Lot size:  12.72 AC (554,083 SF)

Asking price:  $25,500,000 ($102.82/SF)

Selling price:  $21,000,000 ($84.68/SF)

Type:  Industrial-Distribution

The property was sold vacant and is currently for lease.  The property was renovated in 1999.

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This entry was posted on August 17, 2011 by in In the News, Industrial, Peninsula, Recent Sales, San Mateo County and tagged .
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