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BentallGreenOak Acquires Industrial Property In Sacramento For $55M

7180 Badiee Drive
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This Industrial property located in CA was sold for $55,000,000. The brokers of the deal were Jeff Chiate, Rick Ellison, Mike Adey, Brad Brandenburg, and Matt Leupold

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.

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Deals
  • Location
    7180 Badiee Dr, Sacramento, California 95837, United States7180 Badiee Dr, Sacramento, California 95837, United States
  • Sale Price
    $55,000,000$55,000,000
    $177,993 PPSF$177,993 PPSF
  • Area
    309 SF309 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    5 Brokers, 1 Agency5 Brokers, 1 Agency

Agents

Matt Leupold

Matt Leupold

Deals5
Sold$652.9M

Agency

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4188
Volume$167B

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Deal Summary

SALE IMAGE: Brad Brandenburg, Mike Adey, Jeff Chiate, Rick Ellison & Matthew Leupold DATE: 01/18/2023 ADDRESS: 7180 Badiee Drive MARKET: Sacramento ASSET TYPE: Industrial BUYER: BentallGreenOak (@BentallGreenOak) SELLER: Badiee Development BROKERS: Jeff Chiate, Rick Ellison, Mike Adey, Brad Brandenburg(@Instaburg38) & Matthew Leupold - National Industrial Advisory Group - Cushman & Wakefield (@CushWake) SALE PRICE: $55,000,000 SF: 309,000 ~ PPSF: $178

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7180 Badiee Drive

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