PNK LLC, whose principals are part of Pearson Dental Supply, a family-owned supplier of dental supplies and equipment, acquired the building in Huntwood Business Park for $4.35 million. Currently located at 1550 Whipple Road, Union City, in a building owned by Tullock Construction, Pearson Dental Supply will use a portion of the building at 31164-72 Huntwood Ave. as its regional office.
"The user sale market remains very strong," says the broker in the deal, Greig Lagomarsino, a senior vice president at Colliers International in Oakland.
At EOP's Bay Center development, Las Vegas-based GES Exposition Services will use the freestanding warehouse at 3875 Bay Center Place as its headquarters and for storage, fabrication and distribution of exposition equipment and fixtures. GES, which has offices in 23 cities, is relocating its operations from 150,000-sf in a building located on Oyster Point Boulevard in South San Francisco that was acquired for redevelopment.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.