Boyd Watterson Asset Management Acquires Industrial Property In Sacramento For $41 Million

The industrial property located at 3575 Business Drive in Sacramento, CA has been sold for $41 million. This facility spans 82,053 square feet and was constructed in 2024. It is built on a 5-acre site and serves the pharmacy office, distribution, and storage operations for UC Davis Health. The property received a LEED Gold certification and was financed through a construction loan from City National Bank.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $41,000,000
• Square Footage: 82,053
• Price Per Square Foot: $500
• Address: 3575 Business Drive
• Market: Sacramento, CA
• Buyer: Brian Gevry - Boyd Watterson Asset Management
• Seller: John Jackson Jr. - Jackson Properties
• Lender: City National Bank

Brian Gevry represented Boyd Watterson Asset Management in the purchase, while John Jackson Jr. represented Jackson Properties in the sale of the industrial asset. The transaction reflects a significant investment in the growing market of Sacramento, where the demand for industrial facilities continues to expand.