New MAG Capital Partners Platform Targets Multi-Tenant Infill Industrial Assets in Western U.S.
has acquired Expo Centre, a 7-building industrial park in Sacramento, California. The newly formed MAG Capital Partners investment platform is helmed by Scott Word, managing partner of Sword Industrial Partners.
Totaling approximately 121,816 square feet, the 7.7-acre property located at 1767-1791 Tribute Road boasts a well-diversified tenant base across multiple industries.
鈥淓xpo Centre鈥檚 small-bay suites, ranging from 1,500 sf to 6,600 sf in size, are highly sought after in the Northeast Sacramento submarket,鈥� said Word. 鈥淒emand for infill industrial far outpaces supply.鈥�
Expo Centre benefits from several million dollars in recent capital improvements including new roofs, paint, suite reconfigurations, signage and drought tolerant landscaping.
颁叠搁贰鈥檚 Matt Susac and Todd Sanfillipo have been named exclusive leasing agents for the park. The seller, BKM Capital Partners, was represented by 颁叠搁贰鈥檚 Rebecca Perlmutter.
鈥淲e formed Sword Industrial Partners to provide institutional-quality facilities for the underserved small-bay, infill industrial tenants,鈥� said MAG Capital Partners Principal Dax T.S. Mitchell.
Dallas-based Sword Industrial Partners actively pursues multi-tenant, infill industrial assets in the Western U.S.
