Colliers Leads Sale, Leasing for 1.9M-SF Sacramento Industrial Portfolio

Colliers has been awarded the exclusive leasing assignment for 25 buildings within the recently acquired North Market Industrial Park, a 28-building industrial portfolio. Vice chair Mark Demetre, VP Michael Hoo, and senior associate Nathan Miller will lead the leasing efforts and strategy on behalf of the owner, Blue Rise Ventures and equity partner, DRA Advisors.

EVPs Brad Idleman, Kevin Moul, Bob Gilley and Andy Zighelboim of Colliers facilitated the sale of the portfolio. Terms were not disclosed. Spanning 28 buildings totaling 1.9 million square feet and formerly known as North Natomas Business Park, it is the largest industrial portfolio sale in Sacramento since 2017, according to Colliers.

“The new ownership is highly focused on tenants and their needs,” said Demetre. “Well-maintained properties paired with responsive management help drive tenant retention, lease renewals and new leasing activity. In today’s market, that combination of strong fundamentals and practical property management creates value for both tenants and ownership.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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