The Peninsula Industrial Pros

Your Commercial Real Estate Source in the San Francisco Bay Area

Terreno Acquires Three Building Investment Portfolio

Address:   2054-2070 Burroughs Ave, San Leandro, CA

Seller:   Service West, Inc.

Buyer:   Terreno Realty Corp.

RBA SF: 129,000 SF (Total 3 buildings)

Lot size: 5.98 AC (260,488 SF)

Selling price: $13,300,000 ($103.10/SF)

Type:   Industrial-Warehouse

The properties were 100% leased at the time of sale and had an estimated cap rate of 5.3%.

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This entry was posted on June 2, 2014 by in Alameda County, East Bay, In the News, Industrial, Recent Sales and tagged , , .
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