The Peninsula Industrial Pros

Your Commercial Real Estate Source in the San Francisco Bay Area

Terreno Realty Picks Up South City Warehouse with Upside

Comparable details:

Address:  240 Littlefield Ave, South San Francisco, CA

Seller:   Rosalinde Gilbert Foundation

Buyer:  Terreno Realty

RBA SF:  85,000

Lot size:  3.29 AC (143,500 SF)

Selling price:  $8,400,000 ($98.82 /PSF)

Type:  Industrial -Warehouse

 

Terreno Realty is an investment REIT and purchased the building vacant.  They plan on doing some major renovations to the property including removing a portion of the warehouse and creating more staging and dock doors for a variety of users.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Information

This entry was posted on April 30, 2013 by in In the News, Industrial, Peninsula, Recent Sales, San Mateo County and tagged .
%d bloggers like this: