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LIVERMORE, CA-A 610,000-square-foot former Circuit City distribution center here has changed hands. Edmund Jin of E&E Company, a manufacturer and distributor of home goods, paid $21 million or $34.50 per square foot for the 34.4-acre property at 400 Longfellow Court. E&E Co. plans to occupy 310,000 square feet and lease the remainder.

The seller was Gould Livermore LLC, an affiliate of Gould Investors LP of Great Neck, NY. The property was listed for sale by SIOR brokers John Steinbuch, Michael Lloyd and Greig Lagomarsino of Colliers International.

Lagomarsino tells GlobeSt.com the distribution center is one of the largest industrial buildings sold in the Bay Area in the last few years and was only on the market for four months prior to its sale. “Large blocks of space are becoming scarce,” he says.

Gould Investors LP describes itself as a master limited partnership that owns and operates a diverse set of real estate assets throughout the US. Gould’s principals—which includes Fredric H. Gould, Matthew J. Gould and Jeffrey A. Gould and others–are participants in various private partnerships and also executives in BRT Realty Trust and One Liberty Properties Inc.

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