Buzz Oates Acquires Industrial Property In West Sacramento From Libitzky Properties For $20.8M

The industrial property located at 3925 Seaport Blvd in West Sacramento has been sold for $20,800,000. The property spans 135,900 square feet, resulting in a price per square foot of $153. The transaction took place on January 5, 2021. The buyer is Buzz Oates, while the seller is Libitzky Properties Cos. The deal was facilitated by Stan Johnson Co., serving as the broker.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $20,800,000
• Date: 01/05/2021
• Address: 3925 Seaport Blvd, West Sacramento
• Market: West Sacramento
• Buyer: Buzz Oates
• Seller: Libitzky Properties Cos.
• Broker: Stan Johnson Co.
• Square Footage: 135,900
• Price per Square Foot: $153

Larry Allbaugh & Stan Johnson represented the property in this transaction. Larry Allbaugh serves as the representative of Buzz Oates, the buyer, while Stan Johnson Co. acted as the broker. Their expertise and negotiation skills contributed to the successful completion of the sale.