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CHERRY COMMERCE CENTER

Project Summary

date acquired

December 2018

location

Newark, CA

size

97,672 SF

units

4

year built

1997

Investment Summary

In December 2018, BKM Capital Partners acquired Cherry Commerce Center (formerly Mowry Business Center) in Newark, CA. The 97,672 square-foot asset consists of a single industrial building with four units.

The property is strategically located off I-880, the major transportation corridor in the East Bay connecting San Jose to Oakland. The asset has undergone a cosmetic overhaul through BKM's signature capital improvements package, including a refreshed paint scheme, upgraded signage, and modernized landscaping. BKM also installed energy-saving solar panels as part of its ESG initiative. BKM's in-house property management and leasing teams will work diligently to drive new leasing activity while maximizing asset performance.

Site Plan

306 Gateway University Park_site plan.jpg

Location

Project Photos

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