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8860 Industrial Avenue

Nathaniel Hagedorn Of NorthPoint Development Acquires Sierra View Business Park From Link Logistics For $96.3M
SOLDIndustrial

Nathaniel Hagedorn Of NorthPoint Development Acquires Sierra View Business Park From Link Logistics For $96.3M

8860 Industrial Avenue & 8855 Washington Boulevard

$96,300,000

$67/SF

Building Size

1,425,466 SF

Asset Type

Industrial

Closing

Jul 29, 2025

AI

The industrial asset, Sierra View Business Park, is located at 8860-8800 Industrial Avenue & 8855-8875 Washington Boulevard in Roseville, CA. This property, which spans a total of 712,733 square feet, was sold for $96,300,000, showcasing a price per square foot of approximately $135.

Summary of transation details:

This transaction involved several key players, including NorthPoint Development led by Nathaniel Hagedorn and Link Logistics represented by Luke J. Petherbridge. The brokerage firms Newmark and CBRE facilitated the sale, while financing was organized by Colliers, staffed by Andrew Gibson, Nicole Sayers, and Jeremy Thornton. The property was acquired fully leased, indicating established tenant occupancy during the transaction.

Players

Jim Linn

Newmark

Broker

$899M

vol

11 deals

Broker
CBRE
CBREBrokerage
Newmark
NewmarkBrokerage
Link Logistics Real Estate
Link Logistics Real EstateSeller
The Hartford Financial Services Group
The Hartford Financial Services GroupLender

Roseville Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.16%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93