Westcore Properties headquartered in San Diego has acquired four industrial buildings in Oakland for $13.6 million from an undisclosed seller.
With a total of 87,870 square feet of space on a 2.5-acre site, the buildings at 1600-1700 Kirkham St., and 1701-1731 Poplar St., have ceiling heights up to 28 feet.
Tom Damaschino of Cushman & Wakefield represented the seller. Westcore represented itself.
“We feel the smaller industrial tenants are underserved in this market, and this property is well suited to their needs,” said Peter Mette, director of acquisitions at Westcore Properties. “Also, the fantastic location and ability to grow the project’s operating income through leasing the vacant space really appealed to us.”