|
|
11/02/22
|
Dunleer has acquired Windplay Business Center, a nine-building, 101.2k sf industrial park in El Dorado Hills, CA for $14.9 mil ($147/sf). The 97% leased property is situated on 8.76 acres at 5001-5009 Windplay Drive and 1100-1106 Windfield Way. It includes 21 units.
The property was built between 1991 and 1994 and features 18 to 24 clear heights. It is easily divisible to meet a number of tenant size requirements. Furthermore, the acquisition features five separate parcels, which provide flexibility to exit some or all parcels in the future.
According to BJ Turner, Founder of Dunleer. The current industrial vacancy rate in El Dorado Hills, an affluent submarket of Sacramento, is just 1% and there are high barriers to entry for new development.
Sean Merold and Mike Metzger of JLL represented both the buyer and seller on this transaction.
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
