OAKLAND — A century-old foundry site in Oakland has been bought by an Amazon-linked real estate firm that plans a major industrial project on the big property.
AB&I Foundry, a scrap metal foundry that began operations in Oakland in 1906, is shutting down in stages and will be completely closed by sometime in early 2023, according to foundry owner McWane Inc. The final pipe-fitting operation is scheduled for this June.
Now, Duke Realty, acting through an affiliate, has bought the 15.1-acre site in East Oakland, according to documents filed on April 28 and April 29 with the Alameda County Recorder’s Office.
The developer paid $62.8 million in transactions that were
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