NAPA, CA—DivcoWest and developer Orchard Partners have purchased 218-acres of industrial land located directly south of the Napa County Airport on Devlin Road in American Canyon.
The new property owners are expected to develop state-of-the art logistics facilities that will take full advantage of the property's access to major freeways and rail service.
“This is a well positioned investment opportunity for these two accomplished real estate firms, especially given the tightening market for industrial real estate in Napa and the East Bay area,” said Brooks Pedder, executive managing director and EVP of Colliers International. Pedder and Colliers colleagues Phil Garrett, Bill Kampton and Steve Crocker facilitated the transaction.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.