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December 10, 2017
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NORTHERN CALIFORNIA NEWS
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Private Investor Spends Over $21 Mil on NoCal Industrial Asset

11/22/17

A private investor paid $21.5 mil for a 417.6k sf industrial property in Lathrop, CA. The property is located on 34.6 acres at 17100 South Harlan Rd, in the center of San Joaquin County, 60 miles east of the Port of Oakland.

Jim Martin, SIOR, of Lee & Associates Stockton represented the seller, Carpenter Company. Martin commented that the sale demonstrates the continued confidence in the Central Valley’s industrial assets for institutional capital and investment, including those properties that may be less than Class A but offer functional space and an excellent location.




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