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3360 Coffey Lane

Chad Daniel Of MKD Investments Acquires Industrial Complex In Santa Rosa For $23.5M
SOLDIndustrial

Chad Daniel Of MKD Investments Acquires Industrial Complex In Santa Rosa For $23.5M

3360 Coffey Lane

$23,500,000

$153/SF

Building Size

152,925 SF

Asset Type

Industrial

Closing

May 24, 2025

AI

The property asset involved in the transaction is an industrial complex located at 3350-3360 Coffey Lane in Santa Rosa. The sale was completed for a total of $23,500,000, encompassing a total square footage of 152,925. This six-building complex is fully leased at below-market rents.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $23,500,000
  • Buyer: Chad Daniel - MKD Investments LP
  • Seller: Ken Martin - Pine Creek Properties
  • Broker: Trevor Buck - Cushman & Wakefield
  • Square Footage: 152,925
  • Price Per Square Foot: $154

This transaction involved significant parties, including Chad Daniel, who represented MKD Investments LP as the buyer, and Ken Martin, representing Pine Creek Properties as the seller. Trevor Buck facilitated the deal through Cushman & Wakefield, assisting in the off-market transaction of the Pine Creek Business Park, which houses tenants such as Moonlight Brewing, Vertex Climbing, and Vinify Wine Services.

Players

Trevor Buck

Cushman & Wakefield

Broker

$41.5M

vol

2 deals

Broker

Santa Rosa 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

0.68%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93