{"id":5872,"date":"2024-09-19T15:38:39","date_gmt":"2024-09-19T22:38:39","guid":{"rendered":"https:\/\/www.lee-associates.com\/sandiegonorth\/?p=5872"},"modified":"2024-09-20T08:59:53","modified_gmt":"2024-09-20T15:59:53","slug":"rare-heavy-industrial-property-at-port-of-west-sacramento-sells-for-17-99m","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/sandiegonorth\/2024\/09\/19\/rare-heavy-industrial-property-at-port-of-west-sacramento-sells-for-17-99m\/","title":{"rendered":"Rare Heavy Industrial Property at Port of West Sacramento Sells for $17.99M"},"content":{"rendered":"<div id=\"pl-5872\"  class=\"panel-layout\" ><div id=\"pg-5872-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-5872-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-5872-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p><strong>West Sacramento, CA \u2013<\/strong> September 19, 2024 - Lee &amp; Associates is pleased to announce the successful sale of a unique heavy industrial-zoned property at 3961 Channel Drive, West Sacramento. The 23.55-acre site, which features direct access to the Sacramento Deep Water Ship Channel, was sold to Teichert Inc., a prominent construction firm, for $17.99 million under its affiliate, Greencycle Properties LLC. Alex Weiss and Greg Pieratt of Lee &amp; Associates represented the Seller, Yara North America.<\/p>\n<p>&nbsp;<\/p>\n<p>\"Heavy industrial-zoned land is in extremely short supply,\" said Alex Weiss, a principal at Lee &amp; Associates, who brokered the transaction. \"The value of such properties has been consistently rising due to their scarcity.\"<\/p>\n<p>&nbsp;<\/p>\n<p>The site, formerly used by global agribusiness company Yara International as a fertilizer supply port, was decommissioned a year ago. It includes one existing building, rail spurs, and 5.5 acres of undeveloped industrial land. The property's prime location and zoning made it highly attractive to prospective buyers.<\/p>\n<p>&nbsp;<\/p>\n<p>Teichert, through its spokesman Clark Hulbert, expressed the company's intention for the site: \"We acquired the property to expand our recycling and related business operations.\" In addition to its industrial land and facilities, the new owner will benefit from a water berth, leased through the Port of West Sacramento, further increasing the site's strategic value. \"The property garnered significant interest due to its rarity and ideal zoning,\" Weiss said. \"It's not often that an opportunity like this comes along, and it required thorough due diligence from the buyer.\"<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-5872-1\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-5872-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-5872-1-0-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-49681edeb466-5872\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"https:\/\/www.lee-associates.com\/sandiegonorth\/bio-detailed-template\/alex-weiss\/\"\n\t\t\t\t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2022\/09\/Alex-Weiss-256x256.jpg\" width=\"256\" height=\"256\" srcset=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2022\/09\/Alex-Weiss-256x256.jpg 256w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2022\/09\/Alex-Weiss-500x500.jpg 500w\" sizes=\"(max-width: 256px) 100vw, 256px\" title=\"Alex Weiss\" alt=\"\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<h3 class=\"widget-title\">Alex Weiss<\/h3><\/div><\/div><\/div><div id=\"pgc-5872-1-1\"  class=\"panel-grid-cell\" ><div id=\"panel-5872-1-1-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"2\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-49681edeb466-5872\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"https:\/\/www.lee-associates.com\/people\/?terms=greg+pieratt&#038;broker=185561\"\n\t\t\ttarget=\"_blank\" rel=\"noopener noreferrer\" \t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2022\/09\/Greg-Pieratt-256x256.jpg\" width=\"256\" height=\"256\" srcset=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2022\/09\/Greg-Pieratt-256x256.jpg 256w, https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2022\/09\/Greg-Pieratt-500x500.jpg 500w\" sizes=\"(max-width: 256px) 100vw, 256px\" title=\"Greg Pieratt\" alt=\"\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<h3 class=\"widget-title\">Greg Pieratt<\/h3><\/div><\/div><\/div><div id=\"pgc-5872-1-2\"  class=\"panel-grid-cell panel-grid-cell-empty panel-grid-cell-mobile-last\" ><\/div><div id=\"pgc-5872-1-3\"  class=\"panel-grid-cell panel-grid-cell-empty\" ><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>West Sacramento, CA \u2013 September 19, 2024 &#8211; Lee &amp; Associates is pleased to announce the successful sale of a unique heavy industrial-zoned property at 3961 Channel Drive, West Sacramento. The 23.55-acre site, which features direct access to the Sacramento Deep Water Ship Channel, was sold to Teichert Inc., a prominent construction firm, for $17.99 million under its affiliate, Greencycle Properties LLC. Alex Weiss and Greg Pieratt of Lee &amp; Associates represented the Seller, Yara&#8230;<\/p>\n","protected":false},"author":22,"featured_media":5874,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1061,6],"tags":[1008,1018,1080,23,1081],"class_list":["post-5872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-press-releases","tag-alex-weiss","tag-greg-pieratt","tag-heavy-industrial","tag-industrial","tag-west-sacramento"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Rare Heavy Industrial Property at Port of West Sacramento Sells for $17.99M - San Diego North | Lee &amp; Associates<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/sandiegonorth\/2024\/09\/19\/rare-heavy-industrial-property-at-port-of-west-sacramento-sells-for-17-99m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rare Heavy Industrial Property at Port of West Sacramento Sells for $17.99M\" \/>\n<meta property=\"og:description\" content=\"West Sacramento, CA \u2013 September 19, 2024 - Lee &amp; Associates is pleased to announce the successful sale of a unique heavy industrial-zoned property at\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lee-associates.com\/sandiegonorth\/2024\/09\/19\/rare-heavy-industrial-property-at-port-of-west-sacramento-sells-for-17-99m\/\" \/>\n<meta property=\"og:site_name\" content=\"San Diego North | Lee &amp; Associates\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/LeeandAssociatesNorthSanDiegoCounty\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-19T22:38:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-20T15:59:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lee-associates.com\/sandiegonorth\/wp-content\/uploads\/sites\/89\/2024\/09\/3961-Channel-Dr.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"890\" \/>\n\t<meta property=\"og:image:height\" content=\"593\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lee NSDC\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@LeeAssocNSDC\" \/>\n<meta name=\"twitter:site\" content=\"@LeeAssocNSDC\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lee NSDC\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/sandiegonorth\\\/2024\\\/09\\\/19\\\/rare-heavy-industrial-property-at-port-of-west-sacramento-sells-for-17-99m\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/sandiegonorth\\\/2024\\\/09\\\/19\\\/rare-heavy-industrial-property-at-port-of-west-sacramento-sells-for-17-99m\\\/\"},\"author\":{\"name\":\"Lee NSDC\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/sandiegonorth\\\/#\\\/schema\\\/person\\\/1f74457753167501cac8cb88ab8348db\"},\"headline\":\"Rare Heavy Industrial Property at Port of West Sacramento Sells for $17.99M\",\"datePublished\":\"2024-09-19T22:38:39+00:00\",\"dateModified\":\"2024-09-20T15:59:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/sandiegonorth\\\/2024\\\/09\\\/19\\\/rare-heavy-industrial-property-at-port-of-west-sacramento-sells-for-17-99m\\\/\"},\"wordCount\":277,\"publisher\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/sandiegonorth\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/sandiegonorth\\\/2024\\\/09\\\/19\\\/rare-heavy-industrial-property-at-port-of-west-sacramento-sells-for-17-99m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.lee-associates.com\\\/sandiegonorth\\\/wp-content\\\/uploads\\\/sites\\\/89\\\/2024\\\/09\\\/3961-Channel-Dr.jpg\",\"keywords\":[\"Alex Weiss\",\"Greg Pieratt\",\"heavy industrial\",\"Industrial\",\"west sacramento\"],\"articleSection\":[\"Industrial\",\"Press Releases\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/sandiegonorth\\\/2024\\\/09\\\/19\\\/rare-heavy-industrial-property-at-port-of-west-sacramento-sells-for-17-99m\\\/\",\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/sandiegonorth\\\/2024\\\/09\\\/19\\\/rare-heavy-industrial-property-at-port-of-west-sacramento-sells-for-17-99m\\\/\",\"name\":\"Rare Heavy Industrial Property at Port of West Sacramento Sells for $17.99M - 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