Presidio Bay Ventures Acquires 4.7 Acres Industrial Property In San Carlos For $34M

Presidio Bay Ventures has acquired an industrial property in San Carlos. The property, located at 642 Quarry Road, spans an impressive 4.7 acres and boasts a total square footage of 83,500. The transaction, which took place on July 18, 2022, was facilitated by Cushman & Wakefield representatives Ben Paul & Gary Boitano.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $34,000,000
• Market: San Carlos
• Address: 642 Quarry Road

This successful deal highlights the significant investment made by Presidio Bay Ventures in expanding its portfolio. With a purchase price of $34,000,000, the industrial property offers ample opportunities for development and growth. The involvement of Cushman & Wakefield's representatives, Ben Paul & Gary Boitano, demonstrates the importance of experienced brokers in facilitating such transactions.