The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
September 22, 2021
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



ETC... ETC...
Printer-friendly Version   Email an Associate
Cannae Partners and Blue Vista Capital Management Acquire 61k sf R&D/Office Asset in Fremont

9/06/21

Cannae Partners and Blue Vista Capital Management purchased Bayside Technology Park, a 61.5k sf R&D office building in Fremont. The property was sold by Osprey Capital LLC in a $16.55 mil ($269/sf) deal.

The property is located at 47100 Bayside Pkwy, south of Warren Ave and just west of I-880. Chris Shaffer and Kurt Heinrich with Newmark represented both the buyers and the seller, Osprey Capital LLC.

“The East Bay is a highly sought-after office submarket in the Greater Silicon Valley, propelled by regional companies looking to grow out of San Francisco and North San Jose/Santa Clara,” said Shaffer. “Demand for high-end R&D office product in this vicinity remains high. Moreover, this is a very well positioned Class A asset, especially because of its size for a HQ facility.”

The current tenant will soon vacate the premises, and Newmark will be marketing the building for lease in Q2 2022. The Greater Fremont/Milpitas market gained momentum in the second quarter of 2021 as tours and deal flow activity have increased significantly, according to Newmark Research. Rents held firm quarter over quarter and vacancy rates declined to 7%. The lab sector continues to be the strongest, with demand continuing to outpace inventory.




Return to the previous page


 


 


 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2021 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media