Jeff Mezzetta Of Mezzetta Foods Acquires Industrial Building In American Canyon For $18M
205 Jim Oswalt Way
$18,000,000
$155/SF
Building Size
115,968 SF
Asset Type
Industrial
Closing
Jun 9, 2025
AI
Mezzetta Foods acquired a 115,968 sq. ft. Class A industrial building located at 205 Jim Oswalt Way in American Canyon for $18 million. The property sits on 6.34 acres and represents a significant addition to Mezzetta Foods' operational capabilities.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $18,000,000
- Address: 205 Jim Oswalt Way
- Market: American Canyon
- Square Footage: 115,968
- Price per Square Foot: $155
- Buyer: Jeff Mezzetta - Mezzetta Foods
- Seller: Aaron Webb & Derek Benham - Purple Brands
- Buyer's Representative: Matt Storms & Brian Keegan - Keegan & Coppin
- Seller's Representatives: Trevor Buck & Brian Foster - Cushman & Wakefield; Brooks Pedder & Tony Binswanger - CBRE
Cushman & Wakefield and CBRE co-advised the seller, while Keegan & Coppin represented the buyer in this owner/user transaction. The acquisition is part of Purple Brands' strategy to consolidate its operations.
Players
American Canyon Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93