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Beach Industrial Park shows the strength of the Fort Worth industrial market, which is in a great position to weather the unprecedented pandemic as e-commerce, population growth and onshoring of manufacturing drive the market.
After 115 years of being headquartered in San Francisco, PG&E Corporation and Pacific Gas and Electric Company plan to relocate to 300 Lakeside Dr. in Oakland beginning in 2022 in a phased move process.
The portfolio, comprising six properties and 87 units throughout Woodbridge Township, was divided and disposed of in two separate 1031 exchanges, totaling $25.5 million.