The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
November 9, 2024
 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?



BAY AREA NEWS
Printer-friendly Version   Email an Associate
Bay Area Industrial Facility Attracts $424/sf Price

7/20/21

Stephen Finn of Finn Capital purchased a 129.8k sf industrial facility in Burlingame for $55 mil ($424/sf). Built in 1957, the single-story structure is located at 1649 Adrian Rd, southeast of Millbrae Ave and adjacent to the 101 Fwy.

1649 Adrian Road is a low-coverage, highly visible industrial asset with over 645 feet of frontage along Hwy 101 and an exit away from the San Francisco International Airport. Due to its transit-oriented location, the site is acutely positioned for a last-mile logistics facility or future redevelopment. Tenants also have access to the Millbrae BART located less than a mile north.

The total site area is 6.61 acres, or 287.0k sf. At the time of the sale, the building was 100% leased to Lahlouh Inc, an end-to-end communications management services company based in Burlingame, which has been a tenant since 1996.

Colliers’ Tim Maas, Mike Davis, Tony Crossley and Darren Kuiper marketed the property on behalf of the seller, who had owned the property for several years.





Return to the Archive 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 © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media