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Developer Drops $39 Million on Bay Area Industrial Site Neighboring Amazon, FedEx

REDCO Scoops Up South San Francisco Warehouse as Part of Sale-Leaseback Deal

San Francisco-based REDCO Development has acquired the 4.6-acre industrial site at 344 Shaw Road near the San Francisco International Airport. (CoStar)
San Francisco-based REDCO Development has acquired the 4.6-acre industrial site at 344 Shaw Road near the San Francisco International Airport. (CoStar)

A local developer is digging its heels into the Bay Area's strengthening industrial market with the $39 million acquisition of fully occupied warehouse space located among some of the region's most prominent tenants.

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