Vigilant Real Estate Holdings Acquires Industrial Asset In South San Francisco For $41M

The industrial property located at 439 Eccles Avenue in South San Francisco was successfully sold for $41,000,000. Spanning 41,000 square feet, the property was acquired at a price per square foot of $1,000. The transaction involved Vigilant Real Estate Holdings represented by David Fowler from Hill Capital as the buyer and Allan & Henry Inc as the seller, with Matt Squires from Cushman & Wakefield serving as the buyer's representative and Bitterlin Companies representing the seller.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $41,000,000
• Address: 439 Eccles Avenue
• Market: South San Francisco
• Buyer: Vigilant Real Estate Holdings - David Fowler; Hill Capital
• Seller: Allan & Henry Inc
• Buyer's Rep: Matt Squires - Cushman & Wakefield
• Seller's Rep: Bitterlin Companies
• SF: 41,000
• PPSF: $1,000

The deal at 439 Eccles Avenue involved notable figures such as David Fowler representing Vigilant Real Estate Holdings and Matt Squires acting as the buyer's representative from Cushman & Wakefield. On the selling side, Allan & Henry Inc was represented by Bitterlin Companies, showcasing a collaborative effort by various professionals in the real estate industry to facilitate the successful transaction.