Updated Oct 28, 2024
Diversified Healthcare Trust Acquires Industrial Property In Fremont For $82M
47071 Bayside Parkway, Fremont, California 94538, United States
$82,000,000
$921/SF
Building Size
89,000 SF
Asset Type
Industrial
Closing
Jul 31, 2022
About this deal
AI
Located in Fremont, the industrial property at 47071 Bayside Parkway has recently been sold in a closed transaction. The deal, which took place on 08/01/2022, involved the asset being purchased by Diversified Healthcare Trust. The property was previously owned by Graymark Capital and Jadian Capital.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $82,000,000
- Square Footage: 89,000
- Price per Square Foot: $926
- Address: 47071 Bayside Parkway, Fremont
Representing the buyer, Diversified Healthcare Trust, Adam Lasoff from JLL facilitated the transaction as the broker. The property's characteristics, including its price, square footage, and address, contribute to its appeal in the market.
On the Map
$82,000,000
$921/SF
Industrial
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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
0.19%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93