Gilroy Industrial Building Sells To Texas Investor

Gilroy CA

23 December, 2020

5:48 PM

Description

GILROY, CA — A Gilroy industrial building has sold to a Texas investment group. Dallas-based Mohr Capital scooped up the 102,466-square-foot structure at 8190 Murray Ave. The building is currently leased to Crothall Healthcare. Terms of the transaction were not disclosed in a news release announcing the sale. Mohr Capital Chairman Bob Mohr said in a statement his company wasn't deterred by the economic impact of the coronavirus. "Despite the pandemic's effect on California commercial real estate in 2020, we felt the time was right to add to our portfolio with our second acquisition in the state," Mohr said. "We're pleased our investment will support the critical needs of hospital systems, hospitals, frontline health care workers, and patients across Northern California during the pandemic."