March 23, 2016
TransPak, Inc., a global provider of packaging, crating and logistics, acquired an industrial warehouse property in Hayward, CA for its new headquarters. The nearly $14-million off-market sale involved a 122,500-square-foot building that was previously subleased by Integrated Distribution Services (IDS).
The property is located at 20415 Corsair Blvd., and boasts excellent access to both Interstate 880 and Highway 92. The building includes approximately 8,000 square feet of office space.
Newmark Cornish & Carey’s Shawn Klein represented the undisclosed local investor selling the property. Cushman & Wakefield’s Jay Hagglund represented the buyer.