Project Description

48761 Kato is a 91,275-square foot r&d building in Fremont, California. Originally built in 1986, the property was acquired by Marwood in late 2014 for $5.8 million. The plan was to initially renovate and resposition the property. However, when an unsolicited $8.7 million offer arrived, the management team decided to sell, which allowed a project level return of over 50% in under a year’s time.

Type: R&D space

Project Size: 91,275 sq. ft.

Purchased: June 2015