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

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:

• Property Type: Development Site
• Transaction Amount: $123,000,000
• Market: Fremont
• Asset Type: Development Site
• Site Area: 28 acres

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.