Gehl Foods Industrial Portfolio Captures $52M

Wind Point Partners has sold four prized food and agribusiness-related industrial sites for $51.7 million in Lathrop, CA. The property is occupied by California Natural Products, a division of Gehl Foods.

The 13.72-acre site for parcel 1, located at 1250 E. Lathrop Road includes 12 structures ranging from the 16,000-square-foot headquarters building with the other 11 ranging in size from 5,400 square feet to 40,000 square feet for dedicated production. Parcel 2, located at 15789 McKinley Avenue, includes one 116,700-square-foot warehouse building on slightly more than nine acres. Parcel 4 totals 16.45 acres and Parcel 5 another 29.84 acres.

Colliers International executive managing director Michael Kendall led the brokerage team on behalf of the seller.