Diversified Healthcare Trust Acquires Industrial Property In Fremont For $82M

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.