California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Sagard Real Estate Acquires Warehouse in Supply-Constrained East Bay
Sagard Real Estate has acquired 20201 Mack St., a fully leased industrial property located in Hayward. The seller and sale price were not disclosed. The company said the acquisition aligns with its strategy of targeting supply-constrained, high-demand industrial markets with strong infrastructure and significant barriers to new supply.
Situated along the I-880 corridor in the East Bay, the 68,114-square-foot property offers immediate access to Oakland International Airport, the Port of Oakland and the San Mateo–Hayward Bridge. The submarket’s long-term supply-demand imbalance is sustained by geographic constraints and a restrictive entitlement process that limit new development, according to Sagard Real Estate.
“The Mack Street facility’s strategic location, excess land, specialized infrastructure and adaptable layout offer flexibility to enhance functionality and position it as a unique, high-quality asset with strong potential for long-term value creation,” said Tom Stover, managing director, acquisitions at Sagard Real Estate.
- ◦Sale/Acquisition
