Daum Commercial Directs $86 Million Acquisition of Two Industrial Buildings Totaling 208.180 SF in San Francisco Bay Area

 Jordan Lara

 FREMONT, CA – DAUM Commercial Real Estate Services has directed the acquisition of two fully-leased industrial properties totaling 208,180 square feet in the San Francisco East Bay submarket of Fremont, California, on behalf of the buyer, CenterPoint Properties.

 This acquisition is part of CenterPoint’s continued strategic expansion of its Bay Area footprint, according to Jordan Lara, Executive Vice President and Principal at DAUM and member of Lara Team, who represented the buyer in the transaction.

 “We have formed a deep relationship with our client over several years, which has allowed us to be a trusted partner in identifying, evaluating, and negotiating strategic additions to their industrial investment portfolio,” explains Lara.

 “This off-market transaction was a true collaboration between CenterPoint, the seller, and Lara Team.”

 The asset’s attractive features include a warehouse with 28’ clear height and fully-secured site. The property is located at 41099 Boyce Road in Fremont, California, 94538.

 CONTACTS:-

Arleeny Escarcega / Elisabeth Manville  
The Smart Agency, Inc.
(949) 438-6262 
aescarcega@thesmartagency.com 

www.daumcommercial.com.