Nuveen Real Estate Acquires Industrial Property In Vacaville For $110.5M

Located at 4800 Midway Road in Vacaville, this industrial property was recently sold in a closed transaction. The property spans a total of 617,726 square feet and is situated in the Vacaville market. The sale of this property was orchestrated by Jose Minaya, representing Nuveen Real Estate. The buyer acquired the property from LDK Ventures & Pacific Coast Capital Partners for a total of $110,500,000, resulting in a price per square foot of $178.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $110,500,000
• Address: 4800 Midway Road
• Market: Vacaville

Jose Minaya of Nuveen Real Estate acted as the buyer's representative in this transaction. The sale of this industrial property highlights the strong investment activity and growth in the Vacaville market. It signifies the confidence of investors in the industrial sector and the potential for future development and profitability.