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:
- Property Type: Industrial
- Transaction Amount: $70,100,000
- Address: 41777 Boyce Road
- Market: Fremont
- Acres: 26
- Buyer: Mary Cunningham - Chicago Deferred Exchange Company (CDEC)
- Seller: Chris Wolf - Walters & Wolf
- Brokers: Steven Golubchik, Edmund Najera, Darren Hollak & Brendan Raney - Newmark
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
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