Search
 

Three Industrial Buildings Trade Hands

SAN FRANCISCO-PSP Construction Co., Coscinelle LLC, and IDI Corp. have one thing in common: all three recently acquired industrial space in the Bay Area, ranging from PSP's 16,000-sf purchase to IDI Corp.'s 286,100-sf acquisition.

By Michelle Savage | Updated on December 02, 2002

SAN FRANCISCO-Industrial buildings in San Francisco, South San Francisco and Berkeley recently changed hands. The deals range in size from 16,000 sf to 286,000 sf.

PSP Construction Co. purchased a two-story, 16,000-sf commercial building at 1469 Pacific Avenue for approximately $1.5 million from seller LeeMah Properties, Inc., The property features high ceilings, a mezzanine level, and a basement. Anton Qiu, director of TRI Commercial represented both the seller and buyer in the deal.

Raymond YM Chan sold 480 Grandview Drive, a 31,500-sf building in South San Francisco, to a private partnership, Coscinelle LLC, for approximately $4.8 million. The property includes 7,605 square feet office area, three loading dock doors, and one grade-level door. Mike Davis and Andrew Peceimer of Coldwell Banker Commercial represented both the buyer and seller in the deal.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.