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Newark Redevelopment Site Sells for $17.7 Million

McShane Plans to Build 574,000-SF Industrial Facility
By Steve Basham
October 8, 2012 | 2:32 P.M.

McShane Development Co. LLC, an Irvine, CA-based developer, acquired 38811 Cherry St. in Newark, CA, with plans to redevelop the site. BlueLinx Corp. sold the property for $17.7 million, or about $76 per square foot.

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News | Newark Redevelopment Site Sells for $17.7 Million