Lowenberg Corporation Sells Industrial Warehouse in San Leandro

San Francisco based investor, Lowenberg Corporation, has sold its ±23,642 square foot, freestanding, light industrial warehouse space located at 31153-59 San Benito Street in the Crocker South Business Park in San Leandro.

The warehouse is situated on ±1.27 acres of land and building features include ±5,114 square feet of office space, 4 grade-level drive-in doors and 16’ interior clearance height.

The seller, Lowenberg Corporation, owns and manages millions of square feet on the West Coast as well as across the country. The buyer was 31153 San Benito LP, a local investor. Greig Lagomarsino, SIOR, Mark Maguire, Kevin Hatcher and Nick Ousman of Colliers International’s Oakland office represented the seller. Lagomarsino and Ousman represented the buyer as well in this transaction. The terms of the transaction were not disclosed.

About Colliers International
Colliers International is a global leader in commercial real estate services, with over 13,500 professionals operating out of more than 482 offices in 62 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world.

West Coast Commercial Real Estate News