Largest Industrial Development Sells to NY Fund

FREMONT, CA—The Crossings @ 880, an industrial property development located at the juncture of Interstate 880 and Dixon Landing Road, has sold to a New York fund. The seller was Overton Moore Properties (OMP). The Crossings @ 880, situated along more than 3,600 feet of freeway frontage, consists of three industrial buildings, totaling more than 690,000 square feet of class-A space suitable for advanced manufacturing and warehouses. 

The initial acquisition consisted of 40 acres in Fremont, CA, followed by the joint venture with Chicago-based LaSalle Investment Management. Construction began in 2014 and was completed in the first quarter of 2015. The Crossings @ 880 is the largest industrial business park to be constructed in the Bay Area in the past 15 years.