Napa Airport Center Changes Hands

San Francisco

Westcore Properties and Angelo Gordon & Co. have acquired Napa Airport Centre, an eight-building, 256,669-square-foot industrial park on nearly 17 acres located at Airport Boulevard and Airpark Road in Napa, CA, for an undisclosed amount. Napa Airport Centre’s strong position in a premier market was a driving factor in Westcore’s decision to acquire the property, according to a prepared statement. According to Neil Johnson, principal and director of Westcore Properties’ Northern California acquisitions, the property provided an excellent opportunity to acquire a stable, high performing asset. “The exterior architectural features and artistic elements of Napa Airport Centre, coupled with a strong tenant base nearing full occupancy, made this an ideal value-added investment,” Johnson says. Westcore Properties and Angelo Gordon & Co. were represented by Westcore Properties’ Northern California acquisition team, Neil Johnson and Noah McCormack. The sellers, Profili Family Partnership LP, and M&S&A Family Ltd. Partnership, were represented by George Eckard and Grant Lammersen of Cushman & Wakefield.