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Warehouse Site in S. San Jose Sells for $5M

DBI Beverage Purchases Land for New Beer Distribution Facility
July 31, 2015
DBI Beverage purchased 12.4 acres at 484 Piercy Rd. in South San Jose for $5.048 million, or $406,768 per acre.

The buyer plans to construct a new 150,000-square-foot warehouse on the site called Silicon Valley Industrial Center.

Jim Kovaleski of DTZ represented the buyer. Mark Bodie, Greg Matter and Jason Ovadia of JLL represented the seller, Panattoni Development Co.

Please reference CoStar Comp #3327223 for more information.

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