Owner/User Buys Flex Bldg in Roseville for $3.2 Million
Family Trust Sells 7501 Galilee
By Ann O’Brien
September 9, 2014
An individual owner/user purchased the flex building at 7501 Galilee in Roseville, CA from a private family trust for $3.2 million, or about $80 price per square foot.
The 39,775-square-foot building was constructed in 2002 on three acres of land in the Roseville/Rocklin Industrial submarket of Sacramento. It was 100% occupied at the time of the sale.
The buyers are doing business as Intech Mechanical Co. and plan to move into the building Q4 2014.
Jeff Pehrson of TRI Commercial/CORFAC represented the buyer. Walter Smyth and Todd Sanfillippo of CBRE represented the seller.
Please see CoStar COMPS #3098759 for more information regarding this transaction.