Login

Industrial park near California state capital sells in one of region's biggest deals

Blackstone sells 28 buildings near Sacramento to Blue Rise Ventures, DRA Advisors
The Sacramento industrial park was developed starting in the 1970s by local real estate investor Joe Benvenuti, who helped bring the Kings basketball team to the city in the 1980s. (CoStar)
The Sacramento industrial park was developed starting in the 1970s by local real estate investor Joe Benvenuti, who helped bring the Kings basketball team to the city in the 1980s. (CoStar)
CoStar News
August 10, 2026 | 11:26 P.M.

An industrial park consisting of more than two dozen buildings near California's state capital recently changed hands for more than a quarter of a billion dollars.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE