BentallGreenOak Acquires Industrial Property In Sacramento For $55M

BentallGreenOak has acquired an industrial property in Sacramento. The property, located at 7180 Badiee Drive, was sold by Badiee Development for a total of $55,000,000. The transaction took place on January 18, 2023. The industrial asset spans 309,000 square feet, resulting in a price per square foot of $178.

Summary of Transaction Details

• Property Type: Industrial
• Transaction Amount: $55,000,000
• Address: 7180 Badiee Drive
• Market: Sacramento
• Square Feet: 309,000

The deal was facilitated by Jeff Chiate, Rick Ellison, Mike Adey, Brad Brandenburg, and Matthew Leupold from the National Industrial Advisory Group at Cushman & Wakefield. They represented both the buyer, BentallGreenOak, and the seller, Badiee Development, in the transaction.