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3771 Channel Drive 3771 Channel Dr. is a 624,356-square-foot warehouse/distribution center on 50 acres.

WEST SACRAMENTO—Sacramento’s industrial market is continuing to attract institutional-grade investment companies. Historically low vacancy rates, significant rent growth, strong tenant demand and availability of developable land have put Sacramento’s industrial market on the map. In fact, Sacramento was named one of 10 emerging industrial markets to watch in 2019 by Colliers International.

An example of that intense investor demand is 3771 Channel Dr., a 624,356-square-foot warehouse/distribution center on 50 acres that closed last week. The buyer was LBA Logistics and the seller was 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.

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