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California Bay Area buyer to redevelop former UPS warehouse

Redco Development scoops up Sunnyvale industrial property for $42 million
San Francisco-based Redco Development's latest purchase is a shuttered UPS facility in Silicon Valley. (CoStar)
San Francisco-based Redco Development's latest purchase is a shuttered UPS facility in Silicon Valley. (CoStar)
CoStar News
March 25, 2026 | 8:41 P.M.

A prolific family-owned San Francisco real estate investment firm scooped up a former UPS logistics facility in Silicon Valley as it expands its reach amid the Bay Area’s post-pandemic comeback.

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News | California Bay Area buyer to redevelop former UPS warehouse