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Home Finance Palisade Group and Pearlmark Acquire 143,000 SQFT Newmark Industrial Property for $34MM
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Palisade Group and Pearlmark Acquire 143,000 SQFT Newmark Industrial Property for $34MM

December 15, 20253 Mins read595
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Joint venture targets advanced manufacturing tenants in Newark as AI sector drives Bay Area demand Palisade Group and Pearlmark Real Estate have completed a $34 million ($238 per square foot) acquisition of a 143,000-square-foot industrial property in Newark, California, betting that surging demand from advanced manufacturing tenants will reward a comprehensive renovation of the currently […]

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