The Peninsula Industrial Pros

Your Commercial Real Estate Source in the San Francisco Bay Area

Westcore Properties acquires Fremont Value Add for $45M

Comparable details:

Address:  47400, 47422, 47444 and 47550 Kato Rd, Fremont, CA (Kato Industrial Park)

Seller:   New York Life Investments

Buyer:  Westcore Properties

RBA SF:  673,177

Lot size:  41.96 AC (1,827,777 SF)

Selling price:  $45,600,000 ($67.74 PSF)

Type:  Flex – R&D Space

 

The property was approximately 62% leased at the time of sale.  Westcore plans to upgrade the facilities through a number of capital improvements.

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This entry was posted on August 21, 2012 by in Alameda County, East Bay, In the News, Industrial, R&D, Recent Sales and tagged , .
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