Layline Acquires 6.7-Acre Industrial Property In Hayward From UPS For $20.1M

Layline, an Oakland-based real estate investor, has acquired a 6.7-acre industrial property in Hayward for $20.1 million. The property, located at 2348 Industrial Parkway West, is currently vacant and will undergo renovation before being leased.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $20,100,000
• Address: 2348 Industrial Parkway West, Hayward
• Market: Hayward
• Acres: 6.7

The buyer, Layline, was represented by Drew Hess and Mark English. The seller, UPS, was represented by Carol Tomé. The transaction was facilitated by broker Craig Hagglund from Lee & Associates. This acquisition marks Layline's second purchase in the Bay Area in the last four months.