Rob Speyer Of Tishman Speyer Acquires Christy Street Industrial Center From Larry Fink Of BlackRock For $92.95M

The property involved in this transaction is the Christy Street Industrial Center, which is fully leased and spans 253,440 square feet. It is located at 42735 Christy Street in Fremont, California, and was sold for $92,950,000. The asset features clear heights of 23–26 feet, 52 dock-high doors, and offers above-market parking and power. It is situated in a supply-constrained Fremont submarket that provides strong connectivity to major highways and proximity to critical logistics hubs.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $92,950,000
• Address: 42735 Christy Street
• Market: Fremont
• Square Footage: 253,440
• Price Per Square Foot: $367
• Buyer: Rob Speyer - Tishman Speyer
• Seller: Larry Fink - BlackRock
• Broker: Rebecca Perlmutter Finkel - CBRE

Tishman Speyer acquired the industrial center from funds managed by BlackRock. The transaction highlights the importance of the site's location, including its accessibility to the Port of Oakland and major airports, as well as the availability of a skilled workforce in the region.