Large Hayward Industrial Building Changes Hands at $54 PSF

Comparable details:

Address:  2230-2242 Davis Court, Hayward

Seller:   Lowenberg Corporation

Buyer:  Frase Enterprises, Inc.

RBA SF:  142,372

Lot size:  6.39 AC (278,348 SF)

Selling price:  $7,700,000 ($54.08 PSF)

Year Built:  1970, renovated 1984

Type:  Industrial-Warehouse

Purchases continue to heat up as the warm weather approaches.  Investors and owner/users alike see value still in the market and many think the time is right to make a move.  We’ll continue to give updates on large moves in the Bay Area.

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