Metropolitan Life Insurance Co. purchased six industrial/R&D buildings in the Stevenson Point Tech Park in Newark, CA. It was purchased from GAL-LPC Stevenson Boulevard LP for a confirmed $45.35 million, or $129.46 per square foot. The six buildings are located on separate parcels of land at 39600-39745 Eureka Drive totaling 350,311 square feet on 23.15 acres. David Haugh and Burke Weismann of Grubb & Ellis in San Jose represented both sides of the sale transaction. By: Michael Yockman and Dan Martinez
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IN THIS ARTICLE
- Properties
- Phase 1 Bldg B
39655 Eureka Dr, Newark, CA
- Bldg D
39660 Eureka Dr, Newark, CA
- Phase 1 Bldg C
39745 Eureka Dr, Newark, CA
- Phase 1 Bldg 1
39611 Eureka Dr, Newark, CA
- Phase 1 Bldg 5
39630 Eureka Dr, Newark, CA