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A $200M+ deal closes on a former East Bay steel plant, signaling rising demand for industrial site redevelopment.
A property in the East Bay previously occupied by a steel plant has been purchased for over $200 million, marking a significant transaction in the region's industrial real estate market.
The buyer, a private investment group, plans to redevelop the site, though specific details about future use have not yet been disclosed.
The sale reflects growing interest in repurposing former industrial sites for mixed-use developments.
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Se cierra un acuerdo de más de 200 millones de dólares en una antigua planta siderúrgica de East Bay, lo que señala una creciente demanda de reurbanización de sitios industriales.