Laura Hines-Pierce & Jeffrey Hines Acquire Industrial Building In Fremont For $27.1M

A 72,776-sf industrial building located at 401 Whitney Place in Fremont was sold for $27.1 million, which equates to $372 per square foot. The property is fully leased and is currently occupied by Bloom Energy. It features 24-foot clear heights and includes 8,000 square feet of office space.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $27,100,000
• Address: 401 Whitney Place
• Market: Fremont
• Square Footage: 72,776
• Price Per Square Foot: $372
• Buyer: Laura Hines-Pierce & Jeffrey Hines - Hines
• Broker: Newmark

The transaction was concluded with Laura Hines-Pierce and Jeffrey Hines acting as the buyer's representatives from Hines. The deal was brokered by Newmark, facilitating the acquisition of this well-positioned industrial property in the Fremont market.