Scott Creek is a five-building industrial research anddevelopment property completed last year and consisting of300,292-sf. It is the only park in the transaction that RREEF saysis fully leased. The seller was Carlyle Realty Bay Area LLC. GregCioth and Tom Loeswick of Colliers Investment Services Groupbrokered the transaction.
The Tully Business Center is a six-building 167,086-sf complexat the intersection of U.S. Highway 101 and Tully Road. RREEFbought the property from Tully LLC and was represented by James K.Allsup of Cushman & Wakefield.
Allsup also represented RREEF in its purchase of Cabot BusinessPark, a four-building, 139,664-sf development at the corner ofCabot Boulevard and Depot Road. The property includes 2.79 acres ofundeveloped land. The company is not yet releasing plans for theacreage.
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