ScanlanKemperBard & Partner Pay $82.5MM for Oakland Industrial Property, Plan $50MM Improvement

(EDITOR'S NOTE: The sales price on the assets was $82.5 million, according to sources familiar with the transaction. The new owner is planning to spend another $50 million to improve the property and create more power at the site. The tenants it will be targeting going forward are manufacturing tenants that require additional electrical capability. The seller was […]