922-980 S. Claremont Street & 421-425 10th Avenue
San Mateo, California
60,000 square foot industrial and office building.
Purchased for $11,250,000 by Palo Alto and Boston-based developers with a plan to renovate and upgrade the building for enhanced industrial and office use.
We represented the buyer in the acquisition of the property as well as obtaining a loan from an institutional lender in the maximum principal amount of $18,550,000.