The US Industrial REIT has purchased a 1.2 million-square-foot industrial portfolio in Woodland, Calif.

The value of the transaction was $51 million.

The purchase consists of three one-story, class A buildings: Tide Court A, 221 Hanson Way and 2222 East Beamer St.

At the time of sale, the three buildings were leased to two tenants – Hewlett Packard and Advanced Marketing Services, both serving regional and national customers. The Hanson Way and Beamer Street buildings include high-tech security monitoring and surveillance and walls that fall below grade level pop-outs, allowing the buildings to be easily cross-docked.

US Industrial REIT is an affiliate entity sponsored by USAA Real Estate Co. The REIT owns 20 properties including more than 11 million square feet of industrial product valued at more than $450 million.

***

What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription