WASHINGTON, D.C. ? March 20, 2013 ? (RealEstateRama) ? Peet?s Coffee & Tea has leased a +-74,000SF warehouse located at 610 85th Avenue Oakland CA from Prologis. The 85th Avenue warehouse facility is one of the most modern warehouse facilities in the entire East Bay Marketplace. It benefits from amenities such as high density sprinklers, 24-26ft clear height, close proximity to the Oakland Airport and Port of Oakland, and is located within the overweight truck corridor. Other tenants in the complex include Nor Cal Moving, Sleep Train, Pet Food Express, Fed Ex, and World Pac Auto Parts. Prologis was represented by Craig Hagglund and Drew Fischer of Lee & Associates Oakland Office. Peet?s Coffee was represented by James Bohar of Cornish and Carey.
MNG Real Estate Investments has purchased a Bridgestone Tire single tenant NNN investment located at 2850 Broadway in Oakland CA. The +-7,200SF commercial/retail building located in the Uptown Area of Oakland has been the home of Mark Morris Tires (a division of Bridgestone) for over twenty (20) years. Craig Hagglund of Lee & Associates Oakland Office along with Ryan Barr and Ryan Bennett of Lee & Associates Carlsbad Office represented both the Buyer and the Seller in this transaction.
About Lee & Associates
Celebrating more than 33 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 46 locations across the nation including Arizona, California, Georgia, Idaho, Indiana, Illinois, Kansas, Michigan, Missouri, Nevada, New York, New Jersey, South Carolina, Texas and Wisconsin. With a roster of over 700 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.
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- Recent investment sale and lease transactions in Alameda County
WASHINGTON, D.C. ? March 20, 2013 ? (RealEstateRama) ? Peet?s Coffee & Tea has leased a +-74,000SF warehouse located at 610 85th Avenue Oakland CA from Prologis. The 85th Avenue warehouse facility is one of the most modern warehouse facilities in the entire East Bay Marketplace. It benefits from amenities such as high density sprinklers, 24-26ft clear height, close proximity to the Oakland Airport and Port of Oakland, and is located within the overweight truck corridor. Other tenants in the complex include Nor Cal Moving, Sleep Train, Pet Food Express, Fed Ex, and World Pac Auto Parts
- CBRE ARRANGES $10.4 MILLION REFINANCING FOR MULTI-FAMILY PROPERTY IN POMPANO BEACH, FLORIDA
Miami, FL ? March 20, 2013 ? (RealEstateRama) ? CBRE announced that it has successfully completed the refinancing of Palm Island Apartments, a 402-unit, multifamily community located at 401 NW 34th Street in Pompano Beach, Florida. CBRE sourced and arranged for the $10.4 million refinancing with a fixed interest rate below 4% for a 10-year term on behalf of the owner, Sample APTS, LLC, based in Sunrise, Florida.
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