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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