A joint venture of Los Angeles-based PCCP, LLC and Irvine, CA-based The Koll Company acquired a 100% leased, 510,707-square-foot, eight-building industrial portfolio in West Sacramento and Salt Lake City for $41.3 million. The seller was an unnamed private family trust.

PCCP’s Ron Bonneau says, “This opportunity enabled PCCP to acquire a well-located, cash-flowing industrial portfolio in markets with tight industrial fundamentals.”

The California acquisition is located in West Sacramento within the Port of Sacramento Industrial Park and encompasses three 1987-built properties totaling 226,000 square feet. They feature 22- to 26-foot clear heights, dock-high doors, grade level doors, wet sprinklers, reinforced concrete loading areas, and ample parking.

The five properties in Salt Lake City are within Centennial Industrial Park, were built in 1995 and total 214,000 square feet.

NKF’s Bret Hardy and Kevin Shannon represented the seller while NKF’s David Milestone sourced the debt on behalf of the buyer from California Bank & Trust.

Connect With PCCP

Connect With The Koll Company

Connect With NKF’s Shannon


Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser

The post PCCP, Koll JV Acquires 8-Building Industrial Portfolio for $41M appeared first on Connect Media.


RFT  is going against the tide of mega-meta-job boards which are more interested in selling advertisements than actually filling positions for their clientele. RFT focuses in Real Estate Development, Construction Management, Architecture, Asset Management, Real Estate Investments and their related industries . Through our deep connections in the real estate arena RFT can reach active and passive candidates in a way no other “job board” offers or is willing to do. RFT is not a “job board” it is your “RECRUITING CLOUD”

Request For talent is sponsored by Gillian Executive Search, Inc. – recruiters in real estate development, construction management, architecture, real estate finance, asset management and more.