CenterPoint Properties Acquires Fremont Property For $86 Million With Buyer's Rep Jordan Lara

The property asset involved in this transaction is located at 41099 Boyce Rd, Fremont, CA 94538. CenterPoint Properties acquired this fully leased industrial property for $86,000,000.00. The property spans a total of 208,180 square feet and is situated on 13.7 acres. Key features include 28-foot clear heights and a fully secured site, appealing for industrial operations in the Fremont market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $86,000,000.00
• Size: 208,180 square feet
• Location: 41099 Boyce Rd, Fremont, CA 94538
• Market: Fremont
• Buyer's Representative: Jordan Lara
• Buyer's Company: CenterPoint Properties
• Seller: Undisclosed

Jordan Lara of DAUM Commercial Real Estate Services represented CenterPoint Properties in this transaction. The deal was facilitated through the acquisition of two fully leased properties, highlighting the demand within the industrial sector in this area of Fremont.