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922-980 S. Claremont St & 421-425 10th Ave
San Mateo, California
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60,000 square foot industrial and office building.
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Purchased for $11,250,000 by Palo Alto and Boston-based developers with a plan to renovate and upgrade the building for enhanced industrial and office use.
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We represented the buyer in the acquisition of the property as well as obtaining a loan from an institutional lender in the maximum principal amount of $18,550,000.
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