Nearon Enterprises Acquires 155,000 SF Eastgate Business Park Industrial Property in Tracy, California
TRACY, CALIF. — Nearon Enterprises has purchased Eastgate Business Park, an industrial property located at 1447 Mariana Court in Tracy. Indianapolis-based Scannell Properties sold the asset for an undisclosed price.
Situated on 11.9 acres, the property features 155,000 square feet of industrial space, 28-foot clearance, a gated truck court, 3,000 amps of electrical service, ample parking and dock-high/grade-level loading. Additionally, the facility features 18,000 square feet of temperature-controlled space, a tenant-funded development.
Blue Line Foodservice Distribution, a national food distributor and restaurant supplier, occupies 37 percent of the property on a lease through 2030.
Darla Longo, Barbara Perrier, Rebecca Perlmutter, Tom Davis and Dan Davis of CBRE, along with Jim Martin of Lee & Associates, represented the seller in the deal.