Heavy Industrial Demand And Limited Supply Jolt Sales
Tremendous investor demand and a limited supply pipeline continue to make the Bay Area a sought-after industrial location. The sale of one of only six mega-distribution facilities is a recent … Continue reading
Terreno Continues Buying Spree, Snatches up Union City Industrial Projects
Address: 33306-33580 Alvarado-Niles Rd, Union City, CA Seller: Westcore Buyer: Terreno Realty Corp RBA SF: 170,086 (between 3 buildings) Lot size: 10.04 AC (437,342 SF) Selling price: $23,800,000 ($139.93/SF ) Type: … Continue reading
Kidder Mathews Assists Toyota Tsusho with Fremont Lease
Comparable details: Address: 41470 Boyce Road, Fremont, CA Landlord: Prologis Tenant: Toyota Tsusho America Inc. SF Leased: 64,396 Pricing: $0.52 /psf NNN Type: Industrial – Warehouse Term: 162 Months
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: … Continue reading
Kidder Mathews Assists in Sale of Milpitas Industrial
Address: 311 Turqoise Street, Milpitas, CA Seller: Stanley Deck Buyer: Lenthor Engineering RBA SF: 55,414 total Lot size: 3.56 Acres (155,073 SF) Selling price: $4,308,438 ($77.75/SF) Type: Industrial-Warehouse … Continue reading
Cocoa Bean Distributor Gets Sweet Lease Deal in San Leandro
Comparable details: Address: 1800 Merced St, San Leandro, CA Landlord: Allen & Henry Inc. Tenant: East Bay Logistics SF Leased: 105,450 Pricing: call for rate Type: Industrial – Warehouse Term: … Continue reading
Kidder Mathews leases Tuff Shed in Milpitas Warehouse
Comparable details: Address: 931 Cadillac Court, Milpitas, CA Landlord: PS Business Parks Tenant: Tuff Shed SF Leased: 26,825 Pricing: $0.55 NNN Type: Industrial – Warehouse Term: 184 months
Roxy Trading trades up for Distribution Building
Comp Details: Address: 33430 – 33436 Western Avenue, Union City, CA Seller: Tulloch Construction Buyer: Roxy Trading, Inc. RBA SF: 48,080 Lot size: 2.37 AC (103,107 SF) Selling … Continue reading
Milpitas Industrial Building Sells for $8.1M
Comp Details: Address: 345 Los Coches St, Milpitas, CA Seller: iStar Financial Inc. Buyer: Topaz RE Investors, Inc. RBA SF: 44,800 Lot size: 3.94 AC (171,626 SF) Selling … Continue reading
Hayward Industrial Attracts Alpha Magnetics
Comparable details: Address: 23453 Bernhardt St., Hayward, CA Seller: JRM Real Estate & Investments LLC Buyer: Alpha Magnetics, Inc. RBA SF: 9,898 Lot size: 0.50 AC (21,780 SF) Selling … Continue reading