properties

California: 6955 Mowry - Newark

Gross Building Size:161,280 square feet

Investment History: Seagate negotiated the purchase of this manufacturing/distribution warehouse facility located on 8.2 acres of land. The property was acquired at a substantial discount to market value due to the fact that it was encumbered by rents which were 30% below comparable market rental rates. Seagate identified, negotiated and structured the purchase of the property on behalf of an investment client as their investment advisor. Seagate is providing advisory, asset management and property management services for this client on an ongoing basis.

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