{"id":1004126583,"date":"2015-08-31T14:42:36","date_gmt":"2015-08-31T22:42:36","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=359565"},"modified":"2022-03-03T18:23:43","modified_gmt":"2022-03-04T02:23:43","slug":"fremonts-crossings-880-crosses-over-to-new-owner","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/fremonts-crossings-880-crosses-over-to-new-owner\/","title":{"rendered":"Fremont\u2019s Crossings @ 880 Crosses Over to New Owner"},"content":{"rendered":"

By Alex Girda, Associate Editor<\/em><\/p>\n

Overton Moore Properties<\/a>\u00a0has sold one of its largest Bay Area properties, The Crossings @ 880 in Fremont, to an affiliate of BlackRock Realty Advisors. The Silicon Valley Business Journal reported the sale price as $133 million.<\/p>\n

According to the Business Journal, Overton Moore tapped Rob Shannon and Darla Longo of CBRE’s San Jose office to market the property, which was developed in joint venture with LaSalle Investment Management. Also instrumental was Elkins Kalt Weintraub Reuben Gartside LLP<\/a>, the Los Angeles-based law firm that\u00a0advised Overton Moore throughout the project’s life cycle, including its recent sale.<\/p>\n

\"The<\/a><\/p>\n

The Crossings @880<\/p>\n<\/div>\n

The largest industrial park to be constructed recently in the Bay Area, The Crossings @ 880 totals around 697,000 square feet of Class A space and is fully leased. With the possibility of both advanced manufacturing and warehouse space, the property has proven a success with the tech community. Apple and Living Spaces occupy some 610,000 square feet between them.<\/p>\n

The property is located on 40 acres at the juncture of Interstate 880 and Dixon Landing Road in Fremont. Ware Malcomb designed the facility, and Oltmans Construction Co. served as general contractor.<\/p>\n

According to Overton Moore CEO, Timur Tecimer, the team at Elkins Kalt \u201cplayed an instrumental role in navigating us through the negotiations while offering invaluable strategic advice in connection with this project, from our original land acquisition and joint venture structure through the development, lease-up and sale of the project.\u201d<\/p>\n

Image courtesy of\u00a0omprop.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Overton Moore Properties has sold one of its largest properties in the Bay Area.<\/p>\n","protected":false},"author":41,"featured_media":1004507419,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1609],"tags":[],"class_list":["post-1004126583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-san-francisco"],"acf":[],"yoast_head":"\nFremont\u2019s Crossings @ 880 Crosses Over to New Owner - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/fremonts-crossings-880-crosses-over-to-new-owner\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fremont\u2019s Crossings @ 880 Crosses Over to New Owner\" \/>\n<meta property=\"og:description\" content=\"Overton Moore Properties has sold one of its largest properties in the Bay Area.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/fremonts-crossings-880-crosses-over-to-new-owner\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-08-31T22:42:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T02:23:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/The-Crossings-@880.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alex Girda\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/fremonts-crossings-880-crosses-over-to-new-owner\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/fremonts-crossings-880-crosses-over-to-new-owner\/\",\"name\":\"Fremont\u2019s Crossings @ 880 Crosses Over to New Owner - 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