SACRAMENTO, CALIF. — San Diego-based Badiee Development has completed the construction and sale of Metro Air Park Logistics Center – Phase I in Sacramento. BentallGreenOak acquired the asset for an undisclosed price on a forward basis.
Located on Badiee Drive, Metro Air Park Logistics Center – Phase I features two Class A industrial buildings totaling 308,780 square feet. Both buildings feature ESFR sprinklers and heavy power.
Situated on 10.5 acres, the 183,088-square-foot Building I is divisible to four 40,000-square-foot suites. The building features 36-foot clear heights, 56 trailer and 155 auto parking stalls, 14,000 square feet of built-to-suit office space, and 31 dock-high and two grade-level doors.
Situated on seven acres, the 125,692-square-foot Building II is divisible to two 60,000-square-foot suites. The facility features 32-foot clear heights, 103 auto stalls, 10,000 square feet of built-to-suit office space, and 21 dock-high and two grade-level doors.
The second phase of Metro Air Logistics Center is currently under construction and will consist of a 109,300-square-foot freestanding building slated for completion in spring 2023. BentallGreenOak is expected to purchase the second phase upon its completion.
Jeff Chiate, Rick Ellison, Mike Adey, Brad Brandenburg and Matthew Leupold of Cushman & Wakefield represented Badiee Development in the sale.