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2348 Industrial Parkway West
SOLD

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

2348 Industrial Parkway West

Industrial
23,000 SF
clock iconSold 215 days ago
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Summary

Sale
CALIFORNIA
Industrial
23,000 sqft

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.

Players

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  • Agents

    1

  • Agencies

    1

Craig Hagglund's profile picture
Craig Hagglund
Lee & Associates-image
Principal
$35.6M Sold

Details

Deal Summary
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SOLD
IMAGE: Carol Tomé, Drew Hess & Craig Hagglund DATE: 10/03/2023 ADDRESS: 2348 Industrial Parkway West MARKET: Hayward ASSET TYPE: Industrial ~ ACRES: 6.7 BUYER: Layline - Drew Hess & Mark English SELLER: UPS - Carol Tomé BROKER: Craig Hagglund - Lee & Associates (@LeeAssociatesRE) SALE PRICE: $20,100,000 SF: 23,000 ~ PPSF: $874 NOTE: Layline, an Oakland-based real estate investor, has acquired a 6.7-acre industrial property in Hayward for $20.1 million, marking its second Bay Area purchase in four months. The property, located at 2348 Industrial Parkway West, is currently vacant and will be renovated and leased.

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Address2348 Industrial Parkway West

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