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INVESTMENT HIGHLIGHTS
- The portfolio is 100% leased to a diverse set of 16 tenants. Each unit features its own grade-level door(s) and private bathroom(s).
- This offering represents a rare chance to acquire significant industrial scale in a highly constrained market.
- Stanford continues to redevelop existing sites and grow its footprint.
- Immediate mark to market opportunity with rents 61% below market and the majority of leases are month-to-month.
- No comparable industrial/flex asset of this scale has traded in this area of Redwood City since 2017. No new industrial development in the pipeline.
EXECUTIVE SUMMARY
CBRE is pleased to present a ±61,200 SF multi-tenant industrial portfolio in Redwood City. The portfolio is comprised of 4 buildings on 3 parcels totaling 2.58 acres. The properties are offered either individually or collectively as a portfolio. 837 2nd Ave | 2975-2999 Spring St | 3005 Spring St | 831 Sweeney Ave.
Set in the heart of Redwood City, this multi-tenant industrial portfolio offers a strategic location just moments from the Stanford Redwood City campus. The portfolio offers highly functional, flexible industrial spaces positioned to capture strong tenant demand in one of the Bay Area’s most supply-constrained submarkets. Tenants benefit from immediate access to major transportation corridors, including U.S. 101, supporting efficient connections throughout the Peninsula and the broader Bay Area.
Set in the heart of Redwood City, this multi-tenant industrial portfolio offers a strategic location just moments from the Stanford Redwood City campus. The portfolio offers highly functional, flexible industrial spaces positioned to capture strong tenant demand in one of the Bay Area’s most supply-constrained submarkets. Tenants benefit from immediate access to major transportation corridors, including U.S. 101, supporting efficient connections throughout the Peninsula and the broader Bay Area.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 3 |
| Status | Active | Total Building Size | 61,200 SF |
| Number of Properties | 3 | Total Land Area | 2.58 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 61,200 SF |
| Total Land Area | 2.58 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2975-2999 Spring St, Redwood City, CA 94063 | Industrial | 34,300 SF | 1969 | - |
| 3005 Spring St, Redwood City, CA 94063 | Industrial | 15,400 SF | 1968 | - |
| 831 Sweeney Ave, Redwood City, CA 94063 | Industrial | 11,500 SF | 1976 | - |
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Redwood City Multi-Tenant Industrial
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