3771Channel Dr. is a 624,356-square-foot warehouse/distribution centeron 50 acres.
WEST SACRAMENTO—Sacramento's industrial market is continuing toattract institutional-grade investment companies. Historically lowvacancy rates, significant rent growth, strong tenant demand andavailability of developable land have put Sacramento'sindustrial market on the map. In fact, Sacramento was named one of10 emerging industrial markets to watch in 2019 by ColliersInternational.
An example of that intense investor demand is 3771 Channel Dr.,a 624,356-square-foot warehouse/distribution center on 50 acresthat closed last week. The buyer was LBA Logistics and the sellerwas Sacramento Foodco Investors.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
