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12/26/24
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Realterm acquired two industrial outdoor storage (IOS) maintenance facilities in Fremont. The properties are located at 5120-5170 Brandin Ct and 44533 South Grimmer Blvd.
The properties are located in the heart of Silicon Valley in proximity to San Francisco, San Jose, and Oakland. Both sites sit minutes away from many major roadways, airports, and ports including I-880, I-680, I-580, San Jose Airport, San Francisco International Airport, Oakland Airport, and the Port of Oakland.
The property at 5120-5170 Brandin features an 11.8k sf maintenance shop with a 22-foot clear height, four drive-in doors, and a 4.1k sf office, as well as one ingress/egress point on 2.4 acres. The facility is occupied by Herc Rentals, a full-service equipment rental company that offers tools, services and solutions to its clients.
The property at 44533 South Grimmer features a 36.6k sf maintenance shop with a 22-foot clear height, four drive-in doors, and a 3.6k sf office, as well as one ingress/egress point on 3.7 acres. The facility is occupied by Halcon Corporation, a leading national provider of transportation and operational solutions across North America.
Ryan Sitov and Melinda Marino of JLL facilitated the transaction and represented the seller.
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