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BKM Capital Partners Acquires Hannover Industrial Park In Fremont For $43 Million

Property Image
SOLD
$43,000,000

California

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Industrial330,486 SF
Sold 06/17/2025
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Property Image
SOLD

BKM Capital Partners Acquires Hannover Industrial Park In Fremont For $43 Million

4755 Hannover Place & 43815 South Grimmer Boulevard

See Similar Deals
Industrial330,486 SF
Sold 06/17/2025

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$130
Total Square Footage:330,486 SF
Transaction Type:Sale

The 4755-4900 Hannover Place, located at 4377 & 43815 South Grimmer Boulevard in Fremont, has been acquired by BKM Capital Partners for $43,000,000. This industrial asset spans 165,243 square feet and has a price per square foot of $260. The complex consists of six buildings and nine units, currently 74% leased.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $43,000,000
  • Square Footage: 165,243
  • Price per Square Foot: $260
  • Buyer: Brian K. Malliet
  • Buyer's Company: BKM Capital Partners
  • Market: Fremont

Brian K. Malliet, representing BKM Capital Partners, has plans to invest $1.3 million in upgrades to the property. The acquisition was made through an off-market deal, providing BKM with the opportunity to enhance occupancy within the industrial park.

Players

BUYER

Details

SOLD
IMAGE: Brian K. Malliet DATE: 06/17/2025 ADDRESS: 4755-4900 Hannover Place, 4377 & 43815 South Grimmer Boulevard MARKET: Fremont ASSET TYPE: Industrial BUYER: Brian K. Malliet - BKM Capital Partners (@BKMCP) SALE PRICE: $43,000,000 SF: 165,243 ~ PPSF: $260 NOTE: BKM Capital Partners acquired the 165,243-sf Hannover Industrial Park in Fremont for $43M in an off-market deal, with plans to invest $1.3M in upgrades. The six-building, nine-unit complex in the I-880 Corridor is 74% leased, giving BKM room to boost occupancy.

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