Berkeley Partners Secures $26 Million Acquisition Loan For Two Industrial Buildings In Fremont

Berkeley Partners acquired two fully leased industrial buildings located at 5020 and 5070 Brandin Court in Fremont, with a total square footage of 132,856. The acquisition was financed through a loan amounting to $26,000,000, structured as a floating rate, non-recourse loan.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $26,000,000
• Address: 5020 & 5070 Brandin Court
• Market: Fremont
• Asset Type: Industrial
• Square Footage: 132,856
• Landlord: Berkeley Partners
• Loan Type: Acquisition
• Loan Terms: floating rate, non-recourse

CBRE played a significant role in arranging the acquisition financing, with brokers Mike Walker and Brad Zampa securing the loan from an East Coast institutional lender. Vincent Machado, Vincent Scott, and Anthony Podesta represented Berkeley Partners throughout the transaction.