Pleasanton, CA, 05/30/2017
– Crow Holdings Industrial (CHI) purchased nearly 5 Acres from Pacific Union Land Company for $3.1 million on Longard Road in Livermore, CA with plans to develop a 90,000 SF warehouse/distribution building that has immediate access to I-580.
CHI has two other projects underway in Livermore. Its 128,622 SF development at 6755 Brisa Street will deliver 4Q17, and its 241,591 SF project at 7600 Hawthorne Avenue will be finished in early 1Q18.
“We are pleased to complete the acquisition of another well located land site in Livermore and look forward to developing a Class 'A' facility in a market that is starved for high-quality, modern product," commented Phil Prassas, Senior Managing Director for CHI.
CHI was represented by Michael Lloyd
and Michael Goldstein
of Colliers International in this transaction. The Seller, Greenville Investors LP, was represented by Colliers International’s Dan Bergen
and Michael Lloyd.
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