{"id":1004477596,"date":"2020-09-15T23:17:31","date_gmt":"2020-09-16T07:17:31","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004477596"},"modified":"2025-02-26T02:27:13","modified_gmt":"2025-02-26T10:27:13","slug":"colliers-brokers-san-francisco-area-industrial-deal","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/colliers-brokers-san-francisco-area-industrial-deal\/","title":{"rendered":"Colliers Brokers San Francisco-Area Industrial Deal"},"content":{"rendered":"<div id=\"attachment_1004477605\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/8484-Central-Ave..jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004477605\" data-attachment-id=\"1004477605\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/colliers-brokers-san-francisco-area-industrial-deal\/8484-central-ave\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/8484-Central-Ave..jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"8484 Central Ave.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;8484 Central Ave. &lt;i&gt;Image courtesy of Colliers International&lt;\/i&gt;&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/8484-Central-Ave..jpg?w=800\" class=\"wp-image-1004477605 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/8484-Central-Ave..jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/8484-Central-Ave..jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/8484-Central-Ave..jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/8484-Central-Ave..jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004477605\" class=\"wp-caption-text\">8484 Central Ave. <i>Image courtesy of Colliers International<\/i><\/p><\/div>\n<p>Colliers International has facilitated the $8.8 million sale of a 40,000-square-foot industrial property in Newark, Calif. Senior Vice President Todd Severson assisted the seller, Quality Quartz Engineering.<\/p>\n<p>Avison Young Principal Brian Mason and Cushman &amp; Wakefield Associate Jeff Powers negotiated on behalf of the buyer, ATUM Biotechnology, a company that provides tools and solutions to life science researchers. The new owner has financed the acquisition with a loan from Comerica Bank, according to Alameda County records.<\/p>\n<p>Located on 3 acres at 6466 Central Ave., the single-story facility was completed in 1986. ATUM will execute a capital improvement plan to transform the industrial building into a research and development property with laboratory and office space.&nbsp;The property is 3 miles from Interstate 880 and roughly 38 miles southeast of downtown San Francisco. The&nbsp;company is expanding its operations from its nearby headquarters, a 42,000-square-foot building at 37950 Central Court.<\/p>\n<p>In August, Colliers International <a href=\"https:\/\/www.commercialsearch.com\/news\/tampa-area-industrial-facility-trades-for-15m\/\">spearheaded the $15.1 million sale<\/a> of a 222,000-square-foot speculative distribution center in Lakeland, Fla. The brokerage company assisted the seller, Blue Steel Development in the transaction to Bobeck Real Estate.<\/p>\n<div><em>If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in <\/em><a href=\"https:\/\/www.surveymonkey.com\/r\/BrokersCorner\" target=\"_blank\" rel=\"noopener\"><strong><em>our short form<\/em><\/strong><\/a><em> or send your deal to <\/em><a href=\"mailto:deals@cpe-mhn.com\" target=\"_blank\" rel=\"noopener\"><strong><em>deals@cpe-mhn.com<\/em><\/strong><\/a><em>.<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Senior Vice President Todd Severson represented the seller, Quality Quartz Engineering, in the $8.8 million transaction.<\/p>\n","protected":false},"author":867,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,21742,1609,15],"tags":[33971,33022,32763,40758,32799],"class_list":["post-1004477596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-latest","category-san-francisco","category-west","tag-adaptive-reuse-projects","tag-avison-young","tag-colliers-international","tag-comerica-bank","tag-cushman-wakefield"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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