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3950 Duckhorn Drive
SOLD

Eiger Capital Acquires 122,000 SF Industrial Building In Sacramento For $24.3M

3950 Duckhorn Drive

Industrial
122,000 SF
clock iconSold 83 days ago
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Summary

Sale
CALIFORNIA
Industrial
122,000 sqft

The industrial property at 3950 Duckhorn Drive in Sacramento was sold for $24.3 million. Spanning 122,000 square feet, the fully leased building was part of Panattoni Development Company Inc and PCCP LLC's plan for the Natomas Advanced Logistics Center.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: $24,300,000
  • Buyer: Eiger Capital
  • Seller: Abbie Wertheim & Adon Panattoni - Panattoni Development Company Inc; William R. Lindsay - PCCP LLC
  • Broker: Rebecca Perlmutter Finkel - CBRE
  • Address: 3950 Duckhorn Drive
  • Market: Sacramento

Rebecca Perlmutter Finkel from CBRE facilitated the sale of the industrial property, working on behalf of the sellers Abbie Wertheim, Adon Panattoni from Panattoni Development Company Inc, and William R. Lindsay from PCCP LLC. The transaction was a significant strategic move as part of Panattoni's development plans for the Natomas Advanced Logistics Center.

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Rebecca Perlmutter Finkel's profile picture
Rebecca Perlmutter Finkel
CBRE-image
Executive Vice President
$622.4M Sold
CBRE's profile picture
CBRE
CBRE

Details

Deal Summary
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SOLD
IMAGE: Adon Panattoni, Rebecca Perlmutter Finkel, Abbie Wertheim & William R. Lindsay DATE: 02/03/2024 ADDRESS: 3950 Duckhorn Drive MARKET: Sacramento ASSET TYPE: Industrial BUYER: Eiger Capital SELLER: Abbie Wertheim & Adon Panattoni (@APanattoni) - Panattoni Development Company Inc; William R. Lindsay - PCCP LLC BROKER: Rebecca Perlmutter Finkel - CBRE (@CBRE) SALE PRICE: $24,300,000 SF: 122,000 ~ PPSF: $199 NOTE: Panattoni Development, with partner PCCP LLC, sold a fully leased 122,000 sq. ft. industrial building at 3950 Duckhorn Drive in Natomas to Eiger Capital-led buyers for $24.3 million. CBRE's Rebecca Perlmutter facilitated the sale, part of Panattoni's plan for the Natomas Advanced Logistics Center, which includes the neighboring property at 3900 Duckhorn Drive, also fully leased and still owned by Panattoni.

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Address3950 Duckhorn Drive

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