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Address: 360-380 Industrial Road, San Carlos, CA
Seller: Tanklage Family Partnership
Buyer: High net worth investor
RBA SF: 85,135 SF (Between 3 buildings)
Lot size: 5 AC
Selling price: $14,100,000 ($165.62/SF )
This was a value-add/redevelopment play on a property that is located directly across the street from the new Palo Alto Medical Foundation clinic.