Dermody Properties has sold its new LogistiCenter @92, to PGIM, the investment arm of insurance giant Prudential Financial, in an all-cash deal for $103M.
The 354K SF, two-building campus in Hayward stands on a 16-acre site near the intersection of State Route 92 and Clawiter Road at the approach to the San Mateo-Hayward Bridge.
Oakland-based Harvest Properties is working PGIM on LogistiCenter @92, focusing on attracting tenants.
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