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.

Leave a Reply Cancel reply

Enter your comment here...

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

Email (required) (Address never made public)

Name (required)

Website

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

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

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

Cancel

Connecting to %s

Notify me of new comments via email.

Notify me of new posts via email.

Δ