SACRAMENTO, Calif., Jan. 12, 2021 /PRNewswire-PRWeb/ -- GPR Ventures has completed the purchase of a 23,000 square foot industrial property located at 6201 27th Street in the Power Inn submarket of Sacramento. The building includes both warehouse and office space and is 100 percent occupied by Sunoptics®, a designer and manufacturer of prismatic skylights and daylighting delivery systems. This property marks the fourth acquisition in the past month and 28th purchase overall for GPR Ventures, which closed escrow on January 8.
"We are excited to further expand the GPR Ventures footprint into South Sacramento," said GPR Ventures co-founder and Managing Principal Phil Rolla. "This property provides a great opportunity to develop our presence in a new local submarket and take a very active approach to property management and tenant relations, as we do with all of our properties."
TWEET THIS: Real estate investment firm #GPRVentures is adding to its portfolio with the purchase of a 23,000 sq foot property in South Sacramento. The building is fully occupied by one tenant and is the firm's 28th overall acquisition. https://gprventures.com/ #business #realestate
"Sacramento's industrial market continues to shine, even in such a disruptive year, and the submarkets within South Sacramento offer tremendous growth opportunity," said Glen Yonekura, GPR Ventures co-founder and Managing Principal. "As we look towards enhancing our portfolio throughout the rest of the year, industrial properties will continue to be a key focus for GPR Ventures."
Property Features + Benefits
The property is situated on a 1.38-acre lot and includes 10,000 square feet of office space, a sizeable, fenced yard, and abundant warehouse space. The space also features six grade-level doors that allow easy access for forklifts, hand trucks and foot traffic throughout the warehouse area.
The property is located just minutes away from Highway 99, as well as the 47th Avenue light rail station to provide an easy commute.
For more information on GPR Ventures and its complete portfolio, visit https://www.gprventures.com/.
About GPR Ventures
Founded in 2011, GPR Ventures is a privately held real estate investment firm with offices in Silicon Valley and Sacramento that specializes in providing real estate opportunities for a select group of sophisticated investors. GPR Ventures uses a dynamic, fully developed process and the acquisition-to-disposition expertise of founders Glen Yonekura and Phillip Rolla to yield consistent results. GPR's portfolio includes 82 buildings totaling over 2 million square feet and an additional 26 acres of land. For additional information, please visit GPRVentures.com or call (408) 559-3300.
Media Contact
Amanda Allnutt, Merlot Marketing, Inc., 916-285-9835, [email protected]
SOURCE GPR Ventures
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