Invesco Real Estate has acquired the 332,117-square-foot North & South Loop Center at Harbor Bay Business Park in Alameda from San Francisco Bay Area–based commercial developer srmERNST Development Partners, in partnership with Hillwood, for $102 million.
Rebranded “The Loop,” the project consists of six newly constructed buildings located at 2115, 2095, 2065, and 1955 North Loop Road and 1410 and 1430 Harbor Bay Parkway. This includes six shell buildings featuring 24- to 28-foot clear heights, dock-high and at-grade doors, and ample power and parking. The properties are zoned for manufacturing, research and development, and office, allowing for a wide variety of life science uses that will take advantage of one of the most prominent and active life science clusters in the United States.
“Alameda and The Loop project, in particular, will be home to early- and mid-stage manufacturers as they develop their technologies,” said Shannon A
