California Gateway Acquires 200,000 SF Distribution Center In Belgrade, Montana For $47.7M

California Gateway, a private family entity, has purchased a 200,000-square-foot distribution center located at 201 Frank Road in Belgrade, Montana. The industrial property was acquired for a total price of $47.7 million, resulting in a price per square foot of $239.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $47,700,000
• Square Footage: 200,000
• Address: 201 Frank Road, Belgrade, MT
• Market: Belgrade, MT
• Brokers: Brett Warner & Hunter Warner - Lee & Associates

This significant transaction was facilitated by brokers Brett Warner and Hunter Warner of Lee & Associates. They served as the representatives for the buyer, California Gateway, in this deal.