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Fully Leased Tech Park Gets Permanent Financing

UNION CITY, CA—Crossroads Technology Park's institutional-quality, campus-like setting and proximity to a well-educated workforce has proven to be an appealing location for its tenant base.

Crossroads Tech Park Crossroads is fully leased to five pharmaceutical and biotech tenants, including Abaxis.

UNION CITY, CA—Situated on 23 acres, Crossroads Technology Park is located at 3180-3280 Whipple Rd. The property has easy access to Highways 880, 580 and 680 in addition to the Dumbarton and San Mateo bridges. Built between 2000 and 2001, Crossroads Technology Park consists of approximately 80% office finish, 10% lab and 10% warehouse with 18 to 24-foot clear heights, dock-drive loading doors and floor-to-ceiling windows.

The four building class-A office/R&D property is 100% leased to five pharmaceutical and biotechnical tenants, including Questcor. The project serves as the corporate headquarters for medical diagnostics company Abaxis Inc. (120,000 square feet) and Ariat International (65,000 square feet). In addition, Bank of America occupies 54,000 square feet in the building.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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