NAPA, CA—A full-service, end-to-end fulfillment company focused on the direct-to-consumer wine industry, Vynapse LLC, dba Pack n' Ship Direct, has preleased a 226,000-square-foot, class-A wine warehousing facility located at 1325 Airport Blvd. Vynapse, and the project's owner and developer, New York Life Real Estate Investors, negotiated a long-term lease for the entire building, which represents Phase I of the new Greenwood Business Park project.
The building features 7,000 square feet of office space and a full wine package. While the structure is nearly complete, Vynapse will not take occupancy for a few more months until all interior improvements have been completed. DTZ's Walnut Creek and San Rafael offices represented both parties in the transaction. Brooks Pedder, SIOR, senior managing director, Tony Binswanger and Trevor Buck represented the landlord, and Pedder, along with Scott Bertrand, represented the tenant. The terms of the transaction were not disclosed.
Situated on 19.4 gross acres, the business park is being built in two phases by Devcon Construction and will total 304,775 square feet of wine warehousing, distribution and manufacturing space when fully built out. Phase I consists of the 226,000-square-foot preleased building to Vynapse, and Phase II will consist of a second freestanding, single-story building totaling 79,000 square feet, which is currently being marketed by the DTZ listing team. Phase II is expected to start construction later this summer.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- 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
Already have an account? Sign In Now
*May exclude premium content© 2025 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.