Bridgeway Technology Center
7007-7151 Gateway Blvd., Newark, CA 94560
Property Overview
Bridgeway Technology Center consists of two Class A office and R&D buildings. Built in 1996 with concrete tilt-up construction, the buildings’ design accommodates multiple- and single-tenant occupancies and a broad array of uses, including office, high-tech manufacturing/assembly and biotechnology.
Newark is in the heart of the Silicon Valley, which is renowned as the technology and venture capital hub of the U.S. The property is conveniently located in the Bay Area, allowing easy access for employees who live in the East Bay or Peninsula. With a location near the intersection of I-880 and Highway 84, which is across the bay from Palo Alto, the property is within easy reach of many large Bay Area cities.
Investment at a Glance
Location: Newark, CA
Property Type: Class A Office
Acquisition Date: June 27, 2007
Purchase Price: $49,890,000
No. of Buildings: 2
No. of Stories: 1
Square Footage: 187,268 SF
Year Built: 1996
Leased Percentage (at the time of Acquisition): 100%
