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October 18, 2017
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NoCal Industrial Facility Purchased for $35 Mil by LDK Ventures

10/04/17

The North Bay Logistics Center, an 844k sf industrial building in Vacaville, was acquired by LDK Ventures in a recent transaction worth $35 mil ($41/sf). The building is located at 700 Crocker, just west of I-505 at Midway Rd, about 35 miles southwest of Sacramento.

The property, which offers spaces from 172k sf up to the entire 844k sf, also allows the construction of a second phase, of 600k sf. The facility is cross loaded with staging from 200-350 over 8 concrete, is equipped with heavy power and features a .58/2000 GPM sprinkler system.

Brooks Pedder, John McManus, and Tony Binswanger with Cushman & Wakefield brokered both sides of the deal. According to Pedder, there is virtually no inventory over 200k sf in NorCal right now.




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