Dalfen Industrial Acquires Industrial Property of Sacramento
The industrial property is located in the Power Inn submarket of Sacramento. The location is near US 50 which intersects I-5 and I-80. Access to these interchanges provides east-west and north-south connectivity along the entire west coast, making Sacramento an excellent distribution hub. The huge infill location offers the ability to reach 67% of the population in 30 minutes and over 3.8 million people in 50 minutes. Other tenants in the area include Siemens, Ross Stores, Ferguson and Overseer and bet.
“The acquisition of Belvedere Logistics Center provides access to another key West Coast market that demonstrates both limited vacancy and new construction,” said Rich Weiss, Market Officer for the western region of Dalfen. “Sacramento relative affordability and sustained population growth combine to make infill opportunities like this very attractive. »
This acquisition is the 9th California property acquired by Dalfen Industrial since last June.
Dalfen Industrial LLC, headquartered in dallasis one of the largest buyers of industrial real estate in United States and is a leader in the last mile real estate industry. Their investment focuses on strategically located infill urban warehouses and distribution buildings. Dalfen currently owns and operates millions of square feet of prime industrial properties across United States.
SOURCE Dalfen Industrial