Fully Leased Roseville Properties Sold to Contracting firm
Total Page:16
File Type:pdf, Size:1020Kb
THE BUSINESS JOURNALS Select a City ) Account ) [email protected] SACRAMENTO PROJECT WATCH Project Watch: A guide to developments throughout the region ( INDUSTRIES & TOPICS - NEWS LISTS & LEADS PEOPLE & COMPANIES EVENTS LEADERSHIP TRUST MORE… , Apartments For Rent Offering you the apartment home you desire in Spring Hill, Tennessee. Commonwealth at 31 Commercial Real Estate Fully leased Roseville properties sold to contracting firm ! Email " Share # Share $ Tweet % Share Article & Print ' Order Reprints * More than seven years after GPR Ventures bought them as part of a four-building portfolio, the firm has sold 10560 and 10600 Industrial Ave. in Roseville for $5.83 million. COURTESY GPR VENTURES By Ben van der Meer – Staff Writer, Sacramento Business Journal 2 hours ago COMPANIES Boosted by tenants who've signed sizable leases in recent IN THIS ARTICLE years, GPR Ventures came out well ahead after the last sale Smith & Sons connected to a four-building Roseville industrial portfolio the #$)"!!$*+$+ Grover Beach, CA frm bought in 2013. See full profile ( SPONSORED CONTENT by The Business Journals Content Studio At the end of January, Campbell-based GPR Ventures sold How you can write 10560 and 10600 Industrial Ave. for $5.83 million to general effective branded thought leadership content contractor Smith & Sons LLC, according to property records. "We just decided the time was right to sell and take the profts GOVERNMENT & REGULATIONS City exploring possible and put them into a bigger deal," said Kristie Kuechler, GPR's cap on cannabis vice president of asset management. "We were just fortunate businesses in North Sac on timing and good leasing." COMMERCIAL REAL ESTATE Smith & Sons, based in Washington, D.C., did not return a Redevelopment of Citrus Heights retail message seeking comment. Kuechler said the new owner also center could include has some immediately neighboring properties, so there was grocery store logic behind acquiring 10560 and 10600 Industrial Ave. HEALTH CARE 5 things to know: Records show GPR acquired 10556 and 10604 Industrial Ave. Remember to register for our Health Care in 2013 for a combined $5.93 million. At the time, total Leadership Forum occupancy of the four-building, 90,886-square-foot portfolio SPONSORED CONTENT was 56%. GPR made capital investments in all four, including by Conroe Economic Development Council new exterior paint and upgraded landscaping. Deison Technology Park in Conroe, TX provides increased capacity for After building out two shell spaces in the building at 10556 VGXI to manufacture Industrial, GPR Ventures sold it in 2014 for $2.89 million. The vaccines building at 10604 Industrial sold in 2015 for $2.35 million. Both were fully leased at the time of those sales. Kuechler said one frm leases about a quarter of the space in the last two buildings, and Wilson Sporting Goods takes up another 25%. With leasing on both now also at 100%, it made sense to sell. The two buildings are about 45,000 square feet combined. Comforable Leather Holsters "We're still very bullish on the Sacramento market," Kuechler Order Premium leather holsters staring at $47.85 said. "We're actively buying and looking at properties." RELATED Surprising location for new Sacramento CONTENT industrial proposal Staggered by Covid, U.S. cities look to businesses to plug budget gaps Local economists hold positive outlook for coming year Amazon-leased Roseville building sold for $56.3 million Chemical company seeks permits to expand Sacramento plant SPONSORED CONTENT BY UMPQUA BANK SPONSORED CONTENT BY CHASE FOR BUSINESS Financial efficiency is more The pandemic didn’t stop this important than ever: 3 critical entrepreneur from starting steps to boosting and her business protecting your balance sheet !"#$%&"#%'"( More ( Redevelopment of 5 things to know: City exploring Citrus Heights retail Remember to register possible cap on center could include for our Health Care cannabis businesses grocery store Leadership Forum in North Sac UC Davis alumna gives Pence, lawmakers 2020 Women Who $6.5 million for evacuated as Mean Business engineering design protesters storm the honoree: Myla Ramos center Capitol, halting with SearchPros Congress’ counting of electoral votes Latest BizSpotlight More ( Sponsored by Umpqua Bank UNDERWRITTEN BY FINANCIAL SERVICES ARCHITECTURE & PLANNING OTHER Nacht & Lewis Central Valley Co… Studio W Architects General News Expansion Rebrand Nacht & Lewis is a full- James M. Ford, President and CEO California-based architecture firm service architectural design firm of Central Valley Community Bank BCA Architects unveils rebrand to that was founded in 1922 in (Bank), announced the expansion Studio W Architects. The Sacramento by the legendary of its Mid-Valley commercial team company announced they have Leonard F. Starks. With 99 years in covering San Joaqu... adopted a new name, complete... ... SPONSORED CONTENT BY THE BUSINESS JOURNALS CONTENT SPONSORED CONTENT BY THE BUSINESS JOURNALS CONTENT STUDIO STUDIO Commonwealth at 31 Apts How to get started with Newsletter sponsorships put Your home awaits in the Spring Hill area at Commonwealth at 31. branded content your message in the inbox Commonwealth at 31 Back to Top + Home News Lists & Leads People Companies Events Jobs Store SUBSCRIBERS ABOUT & CONTACT APPS & SYNDICATION FOLLOW US ACBJ Start a Subscription About Us Mobile Apps American City $ # Business Journals Subscriber-Only About The Business Syndication/RSS Content Journals " AmericanInno Digital Edition Advertise Bizwomen NEWSLETTERS Book of Lists Help & FAQs Hemmings Sign Up Now Book of Lists - Contact Us Inside Lacrosse Unlimited Circulation Sales Sports Business Manage your Account Center Directory Journal User Agreement | Privacy Policy | Your California Privacy Rights | | Ad Choices © 2021 American City Business Journals. All rights reserved. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/21) and Privacy Policy and Cookie Statement (updated 1/1/21). The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals..