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California  + Bay Area  + Retail  | 

Bendetti Bags Vacant Sacto Asset, Inks Goodwill to 170K-SF Deal

Irvine, CA-based The Bendetti Company acquired a vacant 300,000-square-foot industrial building located at 3689 Industrial Blvd. in Sacramento, and subsequently signed Goodwill Industries as the property’s first long-term tenant. Goodwill is taking 170,000-square-feet at the building, and will use the property as a retail outlet and warehouse facility.

The Bendetti Company’s Aaron Weaver says, “Securing a tenant like Goodwill highlights the flexibility of the Sacramento property, and also reaffirms that this was the right time for our company to make the purchase.”

The new owner plans renovations designed to take the building from an older and less-desirable Class C rating to a Class A rating, with high-quality infrastructure demanded by tenants today. Work is expected to wrap up in early 2019.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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