Hayward, California -- Foam Distributors Inc., a full-service foam fabricating company, has purchased the single-story industrial building that it occupies in San Antonio St, Hayward, California, according to local news reports.
The foam operation paid $5.02 million, or about $65 per sq.ft.
The 77 489-sq.ft property is on about 3.8 acres and was constructed in 1980. As owner, Foam Distributors will continue to manufacture and distribute custom-made foam products.
Foam Distributors offers design and testing capabilities for polyurethane, polystyrene and polyethylene foams.
The family company was set up in its San Francisco Bay Area location in 1977, and claims to have a good reputation for its in-cushion packaging for the Silicon Valley computer industry.
It makes intricate cases for communication and medical equipment, as well as cushion parts for the automotive industry.