The Peninsula Industrial Pros

Your Commercial Real Estate Source in the San Francisco Bay Area

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.

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This entry was posted on April 21, 2014 by in In the News, Industrial, Peninsula, Recent Sales, San Mateo County and tagged , , .
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