Westcore Acquires Industrial Property In Oakland For $40.5M

Westcore has acquired an industrial property located at 8380 Pardee Drive in Oakland for a total price of $40,500,000. The property spans 155,000 square feet, resulting in a price per square foot of $261.

Summary of Transaction Details

• Property Type: Industrial
• Transaction Amount: $40,500,000
• Square Footage: 155,000
• Price per Square Foot: $261
• Address: 8380 Pardee Drive, Oakland

The buyer, Westcore, was represented by Tom Damaschino from Cushman & Wakefield. On the other hand, Richard Sutherland from The Sutherland Company acted as the seller's representative in the transaction.