SACRAMENTO-Jones Lang LaSalle has closed the sale of a formerAAA maintenance property in south Sacramento. Copart Inc. boughtthe 30.5-acre property at 8687 Weyand Avenue for approximately $7.3million.

The property includes a 99,000-square-foot facility. MikeZimmerman from Jones Lang LaSalle's Sacramento office said that theinsurance company vacated the Weyand Avenue property nearly sixmonths ago. Zimmerman and Bill Niethammer from the firm'sSacramento office and Kevin Mechelke from the firm's Walnut Creekoffice were involved in the deal. For the full story, go toSacramento Business Journal .


GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.