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Vigilant Real Estate Holdings Acquires Industrial Property In South San Francisco For $41M

Property Image
SOLD
$41,000,000

California

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Industrial41 SF
Sold 09/12/2022
the dealdetailscomps
Property Image
SOLD

Vigilant Real Estate Holdings Acquires Industrial Property In South San Francisco For $41M

439 Eccles Avenue, South San Francisco, California 94080, United States

See Similar Deals
Industrial41 SF
Sold 09/12/2022

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$1,000,000
Total Square Footage:41 SF
Transaction Type:Sale

The industrial property located at 439 Eccles Avenue in South San Francisco has been sold. The transaction took place on December 9, 2022. The property, with a total area of 41,000 square feet, was sold for a price of $41,000,000, resulting in a price per square foot of $1,000. The buyer in this transaction was Vigilant Real Estate Holdings, represented by David Fowler from Hill Capital. The seller was Allan & Henry Inc, with Bitterlin Companies acting as their representative.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $41,000,000
  • Address: 439 Eccles Avenue, South San Francisco
  • Buyer: Vigilant Real Estate Holdings - David Fowler; Hill Capital
  • Seller: Allan & Henry Inc
  • Buyer's Representative: Matt Squires - Cushman & Wakefield
  • Seller's Representative: Bitterlin Companies

Matt Squires from Cushman & Wakefield represented the buyer, Vigilant Real Estate Holdings, in this transaction. The involvement of Hill Capital and David Fowler in the buyer's side added strategic expertise to the deal. On the seller's side, Bitterlin Companies played a key role in representing Allan & Henry Inc. This transaction demonstrates the strong market for industrial properties in South San Francisco.

Players

BUYER

Details

SOLD
IMAGE: David Fowler DATE: 12/09/2022 ADDRESS: 439 Eccles Avenue MARKET: South San Francisco ASSET TYPE: Industrial BUYER: Vigilant Real Estate Holdings - David Fowler; Hill Capital SELLER: Allan & Henry Inc BUYER'S REP: Matt Squires - Cushman & Wakefield (@CushWake) SELLER'S REP: Bitterlin Companies (@Bitterlin_Companies) SALE PRICE: $41,000,000 SF: 41,000 ~ PPSF: $1,000

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