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Two Land Sales at Airport Business Park

OAKLAND, CA-The Oakland Board of Port Commissioners approved the sale of two parcels of land within the Oakland Airport Business Park. The two properties sold for a combined total of about $7 million.

By Michelle Savage | Updated on May 03, 2002

OAKLAND, CA-Two parcels of land in the Oakland Business Park have been sold. A 14-acre parcel at Hegenberger and Pardee Roads was sold to Lincoln Property Company for $5.57 million, while a 2-acre parcel at Edgewater Drive and Pardee Road was sold to Bay Area Veterinary Specialists (BAVS) for $1.5 million.

“The sale of these two properties will enhance the Oakland Airport Business Park area by bringing new business and jobs to those sites,” says Port of Oakland Director of Commercial Real Estate Omar Benjamin. “The proceeds also give the Port a greater opportunity to focus on waterfront development as envisioned in the Estuary plan.”

The 14-acre parcel at Hegenberger and Pardee Roads was sold to Lincoln Property Company for $5.57 million. The 2 plus acre parcel at Edgewater Drive and Pardee Road was sold to Bay Area Veterinary Specialists (BAVS) for $1.5 million.

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