Innovative, determined marketing sees the 52-unit, 77,400 sq. ft. project through the challenges of the Great Recession of 2008-2009 San Jose, Calif., June 8, 2011 - When Borelli Investment Company acquired an REO (bank-owned) two, building, two-story, 77,400 sq. ft. R&D/manufacturing complex located on Junction Avenue near the Trimble Road exit on I-880 back in 2005, creating an office condo complex seemed simple enough. But with the deepest recession in more than three-quarters of a century lurking right around the corner, there would be nothing simple about the Junction Office … [Read more...]
Fremont Business Park Completes 18-Month Turnaround – Offered for $13.4 Million
$2.5 million renovation and aggressive marketing campaign stabilize aging asset in a down market - lifting occupancy from 35% to 95% Contact Ralph Borelli, Chairman Borelli Investment Company 2051 Junction Avenue #100 San Jose, CA 95131 Ph: 408.453-4700 ralph@borelli.com Fremont,Calif.,May 27, 2011- Borelli Investment Company has offeredFremontBusinessPark- a three-building, two-story, 120,000 sq. ft. office complex near the Pacific Commons shopping center in southernFremont- for sale for $13.4 million. Once a buyer is found and the transaction closes, that will complete a … [Read more...]
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