LIVERMORE, CA-Chamberlin Associates of Pleasanton has added to its land holdings here with a parcel that fronts the north side of Interstate 580 in West Livermore. The real estate development firm acquired the property from Livermore Investment Associates for approximately $3.6 million.
Plans are under way to develop the acreage for retail and commercial purposes. Various retail alternatives being considered include fast food, sit-down restaurants, retail space, a gas station and other potential ventures.
Chamberlin owns and leases multi-tenant business parks, and provides build-to-suit development. The owns two other development sites in Livermore; a 6.06-acre parcel on S. Vasco Road and approximately 13 acres on Greenville Road fronting Interstate 580.
Ned Wood of Colliers International's Pleasanton office and CM Realty principal Dave Bruzzone represented Chamberlin Associates. Grubb & Ellis, together with WCIA, represented the seller.
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