facebook
Traded Co logo
Submit

John Quinn & Richard Poolis Of First Industrial Realty Trust Acquire Industrial Asset For $10.625M

Property Image
SOLD
$10,625,000
Mark Biagini

California

See Similar Deals
Industrial9,896 SF
Sold 07/15/2025
the dealplayerscompscontact
Property Image
SOLD

John Quinn & Richard Poolis Of First Industrial Realty Trust Acquire Industrial Asset For $10.625M

415 Aldo Avenue

See Similar Deals
Industrial9,896 SF
Sold 07/15/2025
Mark Biagini
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$1,073
Total Square Footage:9,896 SF
Transaction Type:Sale

The property asset involved in this transaction is an industrial asset located at 415 Aldo Avenue in the Silicon Valley market. It was sold for a transaction amount of $10,625,000. The total square footage of the property is 9,896, resulting in a price per square foot of $1,073.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $10,625,000
  • Square Footage: 9,896
  • Price per Square Foot: $1,073
  • Address: 415 Aldo Avenue
  • Market: Silicon Valley
  • Buyer: John Quinn & Richard Poolis - First Industrial Realty Trust, Inc.
  • Buyer’s Representative: Ray Devlin - Colliers
  • Seller’s Representative: Mark Biagini - Biagini Properties Inc.

The key individuals involved in this transaction are John Quinn and Richard Poolis representing the buyer, First Industrial Realty Trust, Inc. Ray Devlin acted as the representative for the buyer, while Mark Biagini represented the seller in this deal, ensuring a smooth transaction process between both parties.

Players

Ray Devlin
2 deals$21.2M volume(925) 202-9175
BROKER

Mark Biagini
2 deals$21.2M volume(408) 331-2308
BROKER

Colliers
BROKERAGE

Details

SOLD
IMAGE: John Quinn & Richard Poolis DATE: 07/15/2025 ADDRESS: 415 Aldo Avenue MARKET: Silicon Valley ASSET TYPE: Industrial BUYER: John Quinn & Richard Poolis - First Industrial Realty Trust, Inc. BUYER'S REP: Ray Devlin - Colliers (@ColliersInternational) SELLER'S REP: Mark Biagini (@MarkBiagini) - Biagini Properties Inc. SALE PRICE: $10,625,000 SF: 9,896 ~ PPSF: $1,073

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$566,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$37,748.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$50,367.92
Annual Debt Service$604,415.05