PETALUMA, CA—A 186,000-square-foot multi-tenant industrial property at 2200-2240 South McDowell Blvd. in Petaluma has been sold, with commercial real estate services firm Cushman & Wakefield representing both sides in the transaction.
The seller was 2200-2240 South McDowell, LLC, an affiliate of PB&J Acquisitions and Investcorp; the new owner is Lowenberg & Associates, LP. The Cushman & Wakefield team included Glen Dowling and Tony Sarno of the firm's San Rafael office, and George Eckard, Seth Siegel, Adam Lasoff and Grant Lammersen of the firm's San Francisco Capital Markets Group.
“The property marks Lowenberg's initial acquisition in Sonoma County,” said Dowling. “The building's track record of occupancy, including long-term commitments by two major current tenants, proved to be very attractive for the new ownership.”
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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.
