Login

FJM Spends $40M on Sunrise Properties

19 Buildings Sold in Rancho Cordova
By Serena Bilyeu
November 26, 2003 | 5:59 P.M.

FJM Investments purchased 19 buildings within the Sunrise Industrial Park in Rancho Cordova, CA, for $40 million, approximately $43 per square foot. The 19 industrial and warehouse buildings acquired total 929,215 square feet. The buildings range in size from 12,800 square feet to 135,633 square feet on nearly 44 acres. The properties were approximately 97 percent leased at the time of sale. The transaction represents one of the largest industrial sales in the Sacramento region.

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

News | FJM Spends $40M on Sunrise Properties