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6/24/15
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Vynapse LLC, dba Pack n’ Ship Direct, has pre-leased a 226k sf, Class A wine warehousing facility at the Greenwood Business Park project in Napa. The building, located at 1325 Airport Blvd, represents Phase I of the new business park, developed and owned by New York Life Real Estate Investors.
The building features 7k sf of office space and a full wine package. While the structure is nearly complete, Vynapse will not take occupancy for a few more months until all interior improvements have been completed.
Situated on over 19 acres, Greenwood Business Park is being built in two phases by Devcon Construction and will total 304.8k sf of Class A wine warehouse, distribution and manufacturing space when fully built out. Phase I consists of the 226k sf, pre-leased building to Vynapse. Phase II will consist of a second freestanding, single-story building totaling 79k sf, which is expected to start construction later this summer.
DTZ’s Walnut Creek and San Rafael offices represented both parties in the transaction. Brooks Pedder, Tony Binswanger and Trevor Buck of DTZ represented the landlord in this lease, while Pedder, along with DTZ colleague Scott Bertrand, repped the tenant. DTZ is also marketing the Phase II building.
Greenwood Business Park is located at the high-image corner of Airport Blvd and Delvin Rd in Napa Valley, recognized among the world’s premier wine destinations. The property is well positioned in a best-location near the convergence of California State Routes (Highways) 12 and 29, two of the Valley’s primary arteries. The property is adjacent to the Napa County Airport and is just a short distance from numerous world class wineries, resorts and golf courses, and is a short drive to Interstate 80.
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