Colony Industrial Spends $100.5MM on East Bay Industrial Portfolio in San Leandro

(EDITOR'S NOTE: Colony Industrial paid $100.5 million, or $173 per square foot to buy the properties in San Leandro, according to public records. The cap rate on this transaction was 4.5 percent, according to multiple sources that are familiar with the transaction. Colony Industrial and CBRE both declined to comment on this information when contacted. […]