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BAY AREA NEWS
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Owner/User Spends $7.35 Mil on Oakland Industrial Building

10/06/14

An owner/user has acquired a 105k sf foot industrial building on 3.5 acres in Oakland for $7.35 mil ($70/sf). The property is located at 155 98th Ave, between Doolittle Dr and I-880, just east of Oakland International Airport.

The buyer will utilize the entire building for its import/export business. The property is equipped with dock and grade level doors and 12.5k sf of office space.

Jay Hagglund and Tim Schmid with Cassidy Turley represented the seller, Silvani, Silvani & Silvani, LP. Kate Webster, also of Cassidy Turley, repped the buyer in the transaction.






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