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SAN FRANCISCO-In the San Francisco Bay Area, three industrial buildings have recently changed hands, including properties in San Francisco, South San Francisco and Berkeley.

PSP Construction Company has purchased a two-story, 16,000-sf commercial building at 1469 Pacific Avenue for approximately $1.5 million from LeeMah Properties Inc. The property features high ceilings, a mezzanine level and a basement. Anton Qiu, director of TRI Commercial represented both the seller and buyer in the deal.

Raymond YM Chan has sold a 31,500-sf industrial building, located at 480 Grandview Dr. in South San Francisco, to a private partnership, Coscinelle LLC, for approximately $4.8 million. The property includes a 7,605-sf office space, three loading dock doors, and one grade-level door. Mike Davis and Andrew Peceimer of Coldwell Banker Commercial represented both the buyer and seller in the deal.

Across the Bay, IDI Corp. bought the Tri-Valley Distribution Center, a 286,100-sf warehouse, from Prudential Realty Investment Advisors. Prudential sold the building, which is located at 7337 Las Positas Court in Livermore, for approximately $12 million. The building is about 50% leased. Colliers International represented Prudential, while Coldwell Banker represented IDI.

In an unfinished deal, Qwest Communications International Inc. has signed an agreement to sell a 78,000-sf industrial building in Sunnyvale to South Bay Development Co. for about $5 million. Qwest purchased the building about a year ago for more than $23 million, when it was a tenant in the property.

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