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RENTV.com CIP Real Estate has paid $33 million, or $235.71/sf, for the 140,000-square-foot Cabot Business Park, a flex industrial property in Hayward, Calif. The Irvine, Calif., investor acquired the property from Canyon Partners Real Estate, which had bought it in ...
REBusiness Online Berkeley Partners has acquired the 102,122-square-foot industrial property at 3340 Arden Road in Hayward, Calif., for $20.7 million, or $202.69/sf. The San Francisco company bought the property, which is 87 percent leased, from Roxborough Group, also of San ...
CBRE Capital Markets arranged $27 million of Freddie Mac financing for the purchase. The loan has a 10-year term and a 3.5 percent fixed interest rate.
96.5 percent occupied. Kennedy Wilson financed its purchase with a $68.1 million mortgage from Freddie Mac that pays a fixed coupon of 3.69 percent for 10 years.
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