Don Tepman Acquires Retail Strip Mall In Union City From Terreno For $13 Million
SOLD
California
See Similar DealsSold 11/14/2024
SOLD
Don Tepman Acquires Retail Strip Mall In Union City From Terreno For $13 Million
33306 - 33456 Alvarado Niles Road
See Similar DealsSold 11/14/2024
Summary
CALIFORNIA
Transaction Type:Sale
The retail asset located at 33306-33456 Alvarado Niles Road in Union City has been sold for $13,000,000. This property spans a total area of 36,710 square feet, resulting in a price per square foot of $354. The seller of the property was Terreno, a public Real Estate Investment Trust (REIT).
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $13,000,000
- Square Footage: 36,710
- Price per Square Foot: $354
- Address: 33306-33456 Alvarado Niles Road
- Market: Union City
- Buyer: Don Tepman
- Seller: Terreno (public REIT)
Don Tepman was the buyer involved in this transaction, acquiring the property from the seller, Terreno. The transaction was completed on November 14, 2024, marking a significant event in the local retail market.
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