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41777 Boyce Road

Mary Cunningham Of Chicago Deferred Exchange Company Purchases 26-Acre Industrial Site In Fremont For $70.1M
SOLDIndustrial

Mary Cunningham Of Chicago Deferred Exchange Company Purchases 26-Acre Industrial Site In Fremont For $70.1M

41777 Boyce Road

$70,100,000

Building Size

Asset Type

Industrial

Closing

Jan 20, 2026

AI

A 26-acre industrial site located at 41777 Boyce Road in Fremont has been sold for $70.1 million. This transaction involved a transfer from seller 41777 Boyce Road LLC, which is associated with Walters & Wolf, to the buyer CDECRE LLC, affiliated with the Chicago Deferred Exchange Company. The sale highlights the strong demand among investors for sizable, zoned industrial properties in Fremont, a key area within the Bay Area's industrial market.

Summary of transaction details:

This transaction reflects the involvement of several key parties, with Mary Cunningham representing the buyer CDECRE LLC. The seller, Chris Wolf, is affiliated with Walters & Wolf, while the brokerage team from Newmark played a significant role in facilitating this sale.

Players

Darren Hollak

Newmark

Broker

$1.3B

vol

15 deals

Broker
Newmark
NewmarkBrokerage
Mary Cunningham

Mary Cunningham

Chicago Deferred Exchange Company (CDEC)

Buyer

1 deal

Buyer
Chicago Deferred Exchange Company (CDEC)
Chicago Deferred Exchange Company (CDEC)Buyer
Chris Wolf

Chris Wolf

Walters & Wolf

Seller

1 deal

Seller
Walters & Wolf
Walters & WolfSeller

Fremont Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.23%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93