S.F. Bay Area facilities acquired

Warehouse, residential deals top $13 million

NAI BT Commercial recently brokered the sale of two industrial buildings and one apartment complex in the San Francisco Bay Area for approximately $13.7 million. In the first deal, Discovery Foods sold its headquarters in Hayward to a private investor for approximately $7.9 million, and then leased back the space on a 20-year term. The site includes two concrete tilt-up warehouse-office buildings with 50 percent refrigeration, containing a total of 69,000 square feet on 5.3 acres. The properties are located at 2395 American Ave. and 2188 Alpine Way. Discovery Foods is a provider of "premium frozen Asian-inspired appetizers, including pot stickers, egg rolls, spring rolls, and won ton," according to a press statement. In the second transaction, the 36-unit Santa Clara Lincoln Apartments complex sold for nearly $5.8 million, although neither the buyer's nor the seller's identity was disclosed. Built in 1986, the property sits on a one-acre parcel at 1601 Santa Clara St. and 75...