North Palisade Partners Acquires 8-Acre Self Storage Site In Hayward For $19.7M

Los Angeles-based North Palisade Partners has acquired an eight-acre site in Hayward, California for $19.7 million. The property, located at 4125 Breakwater Avenue, is a fully leased industrial outdoor storage facility. This acquisition aligns with North Palisade's focus on tight infill markets, particularly in the San Francisco Bay Area.

Summary of transaction details

• Property Type: Self Storage
• Transaction Amount: $19,700,000
• Market: Hayward
• Acres: 8

The buyer, North Palisade Partners, was represented by John Petersen. On the seller's side, Jay Hagglund from Cushman & Wakefield acted as the representative. Dick Scott, from Scott Ventures I, Inc., was the buyer's representative in the deal.