CenterPoint Increases Bay Area Footprint
ByCenterPoint Properties has acquired a property consisting of three buildings in the East Bay area. The previous owner, Clawiter Associates LLC, had marketed the asset for sale through a Colliers International team led by Dan Bergen and Richard Sutherland.
The 196,847-square-foot property, located at 25858 Clawiter Road in Hayward, Calif., sits along California Route 92, providing easy access to both the San Mateo-Hayward toll bridge and Interstate 880. The area, Hayward’s industrial district, is home to hundreds of industrial buildings, mostly small, serving more than 5,000 businesses and employing an estimated 47,500 workers. CenterPoint’s new acquisition is fully leased, home to four tenants. The largest, Charcoal Companion, occupies most of the largest building along with a small delivery company. The tenants in the other two structures are Goodyear and Pro-Craft Equipment…
