GPR Ventures, a privately held real estate investment firm, has expanded its portfolio with the acquisition of its 26th property in the Sacramento, California area. Capitol Industrial Center North & South is a 335,70-square-foot small bay industrial property located at 9881-9969 Horn Road and 9828-9960 Business Park Drive in the Rancho Cordova submarket of Sacramento.
The multi-tenant business park spans nearly 23 acres and consists of two multi-building assets with a combined 16 buildings and 83 unique suites ranging in size between 1,600 square feet and 22,000 square feet. Sacramento is one of the strongest industrial markets on the west coast with historically low vacancy. It is also a transportation and distribution hub with nearby airports, ports and major interstates and highways.
“GPR is pleased with the recent acquisition of Capitol Industrial Center as it continues to support one of our key strategic objectives in not just the region, but also the Western U.S.,” said GPR Ventures Vo-founder and Managing Principal Glen Yonekura.
Capital improvements have been made to Capitol Industrial Center since 2021; nonetheless, GPR Ventures will take proactive steps to enhance the interior and exterior space as needed and provide premium service and amenities to help ensure the success and satisfaction of our loyal tenants.
