South Bay Real Estate News – PJ Property Dev Acquires

November 10th, 2011 07:00am

PJ Property Dev Acquires Santa Clara Industrial
Chris Ptarcinski with PJ Property Dev LLC purchased the 11,285-square-foot industrial building at 3355 Woodward Ave. in Santa Clara, CA for $1,298,000, or about $115 per square foot, from the Trabert JE Family Trust.The single-story facility was built in 1976 and sits on a half-acre lot. It is zoned MH and has about 1,700 square feet of built-out office space. The clear height is 16 feet, and the building features two drive-in bays.Rodney…
Melanie Tucker

Storage Mart Pays $3.3M for Morgan Hill Industrial
Storage Mart, headquartered in Missouri, acquired the 61,720-square-foot, self-storage facility in Morgan Hill, CA from Stonecrest Managers, Inc. for $3.3 million, or about $53 per square foot.The new Storage Mart location was delivered in 1991. The facility is located on a main artery near the center of Morgan Hill. There are office suites located in the front and self-storage is in rear of the property.Scott Prosser of CBRE in San Jose…
Jeff Hitch

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