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Sierra Investments Spends $7.25MM on Belmont R&D/Office Asset

May 10, 20181 Mins read668
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Sierra Investments, San Mateo, Davis Commercial, Ralston Avenue, Belmont Village Precise Plan Area, Transit Corridor Development, Hilton Homewood Suites Hotel, Marriott Summerfield Suites, Shoreway Road, Cormorant Drive, Autobahn Motors Mercedes Reconstruction Project, CBRE’s Capital Markets
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 By Vladimir Bosanac Sierra Investments, a San Mateo, Calif.-based commercial real estate investor purchased at the end of February of 2018 a 23,000 square-foot R&D/office asset located at 2 Davis Dr. in Belmont for $7,250,000, or just under $315 per square foot. The property sits on a 3.3-acre parcel, and it was sold by […]

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