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Fremont, California, United...

Updated Jul 2, 2026

9th St. Partners And Clarion Partners Acquire 28.0 Acre Development Site In Fremont For $123M
SOLDDevelopment Site

9th St. Partners And Clarion Partners Acquire 28.0 Acre Development Site In Fremont For $123M

Fremont, California, United States

$123,000,000

$248/SF

Building Size

495,000 SF

Asset Type

Development Site

Closing

Jan 10, 2022

About this deal

AI

Tom Ashcraft has recently closed a sale transaction in Fremont, involving a development site spanning 28 acres. The property was sold for a significant amount of $123,000,000. The transaction was facilitated by the buyer, 9th St. Partners, who worked in partnership with Clarion Partners. The brokers involved in the deal were Matt Taylor, Tom Taylor, and Doug Norton from CBRE.

Summary of transaction details:

The buyer, 9th St. Partners, collaborated with Clarion Partners to secure this acquisition. The involvement of CBRE brokers Matt Taylor, Tom Taylor, and Doug Norton played a crucial role in facilitating the transaction. The development site holds immense potential for future projects, making it a valuable asset in the Fremont market.

On the Map

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$123,000,000

$248/SF

Development Site

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Players

Matt Taylor

CBRE

Broker

$123M

vol

2 deals

Broker
Clarion Partners
Clarion PartnersBuyer
Clarion Partners
Clarion PartnersLender
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Fremont Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Deal FAQ

About $248 per square foot on a published $123M for 495,000 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.13%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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