Hayward Industrial Market Sees 60,000-SF Sale, 69,000-SF Lease

HAYWARD, CA-Equity Office Properties has sold a 60,300-sf industrial building in the Huntwood Business Park and leased a 69,438-sf building at Bay Center Distribution Center.

PNK LLC, whose principals are part of Pearson Dental Supply, a family-owned supplier of dental supplies and equipment, acquired the building in Huntwood Business Park for $4.35 million. Currently located at 1550 Whipple Road, Union City, in a building owned by Tullock Construction, Pearson Dental Supply will use a portion of the building at 31164-72 Huntwood Ave. as its regional office.

“The user sale market remains very strong,” says the broker in the deal, Greig Lagomarsino, a senior vice president at Colliers International in Oakland.