Peter E. Baccile Of First Industrial Realty Trust Acquires Industrial Property In Santa Clara For $10.6M

An industrial property with a sale price of $10,600,000 located at 415 Aldo Avenue and 420 Nelo Street in the Santa Clara market was sold. The asset spans 9,896 square feet and covers an area of 2.4 acres.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $10,600,000
• Square Footage: 9,896
• Price Per Square Foot: $1,071
• Address: 415 Aldo Avenue & 420 Nelo Street
• Market: Santa Clara
• Buyer's Name: Peter E. Baccile
• Buyer's Company: First Industrial Realty Trust
• Buyer’s Representative: Ray Devlin - Colliers
• Seller’s Representative: Mark Biagini - Biagini Properties

The transaction involved a fully leased industrial property, which includes secured yard space, with Colliers and Biagini Properties facilitating the deal between the buyer and seller.