Kidder Mathews Assists Exchange Buyer in Burlingame Land Purchase
Address: 40 Edwards Court, Burlingame, CA
Seller: RILCO-Edwards, LLC
Buyer: North First Street Properties Management LLC
RBA SF: 11,000 SF building
Lot size: 3.53 AC (153,766 SF)
Selling price: $6,800,000 ($44.22/SF on land)
Type: Land Investment
The purchaser was in a 1031 exchange. The property is leased to several parking clients.
The Peninsula Industrial Pros 