February 16, 2016 Comments Off on CBRE Global Investors Fund Acquires Fremont Buildings Views: 513 Bay Area, California News

CBRE Global Investors Fund Acquires Fremont Buildings

A fund advised by Los Angeles-based CBRE Global Investors has acquired a two-building, Class A, R&D/manufacturing property in Fremont, totaling 199,352 square feet. The buildings are fully leased to SolarCity, an industry-leading renewable energy firm that manufactures solar panels.

Located at 47700 Kato Rd. and 1055 Page Ave., the site fronts the I-880 freeway, is in close proximity to three major airports and the Port of Oakland, and has access to Silicon Valley’s “Golden Triangle.”

Both buildings, which are critical-use facilities for the tenant, have recently undergone extensive interior, structural, and mechanical upgrades.  The improvements were largely self-funded, to meet state-of-the-art R&D/manufacturing specifications customized to its needs.

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