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Burlingame Retail Property Fetches $2 Million

January 28, 2013
BPJ LLC purchased the retail building at 1320-1326 Broadway in Burlingame, CA, from Jill Munro for $2 million, or about $340 per square foot.

The 5,890-square-foot structure was acquired as an investment. The property was 70 percent occupied at close of escrow.

Adria Giacomelli of Cornish & Carey Commercial Newmark Knight Frank represented the seller, and Jacklyn Friedland of O’Connor & Associates represented the buyer.

Please see CoStar COMPS #2622986 for more information on this transaction.

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