Colliers Negotiates $20.7M Sale of Industrial Warehouse Facility in Bay Area

Posted on December 9, 2020 by Amy Works in Acquisitions, California, Industrial, Western

Located at 3340 Arden Road in Hayward, Calif., the three-building facility features 102,122 square feet of industrial warehouse space.

HAYWARD, CALIF. — Colliers International has arranged the sale of a light industrial property located at 3340 Arden Road in Hayward. Roxborough Group sold the asset to Berkley Partners for $20.7 million.

At the time of sale, the three-building, 102,122-square-foot facility was 87 percent occupied.

Greig Lagomarsino and Nick Ousman of Colliers represented the seller and buyer in the transaction.