Lee & Associates Negotiates $5.3 Million Industrial Purchase in Fremont
FREMONT, Calif.—January 28, 2015—The Oakland office of Lee & Associates, the nation’s largest broker owned commercial real estate firm, negotiated the purchase of the Bayside Technology Park, a 46,944-squre-foot industrial facility located at 46107-46127 Landing Parkway in Fremont, Calif.
Chris Schofield, a principal for Lee & Associates Oakland, represented the buyer, Crest Properties.
“The purchase of Landing Parkway will allow Crest Properties to expand its operation today as well as allow for future growth,” said Schofield. “They acquired a high-image, high-identity property that is well suited for their lab and office needs.”
The building, which is a free-standing R&D structure, sits on 3.07 Acres and includes roughly 10,000 square feet of lab space.
Steve Kapp of Cornish & Carey Newmark Knight Frank and Jim and Craig Kovaleski of Cassidy Turley, represented the Seller.
About Lee & AssociatesCelebrating more than 35 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the country with 51 locations across the nation including California, Colorado, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, South Carolina, Texas, and Wisconsin. With almost 800 brokers nationwide, Lee & Associates provides a wide range of