Tremendous investor demand and a limited supply pipeline continue to make the Bay Area a sought-after industrial locale. On behalf of USAA Real Estate Company, JLL’s Capital Markets experts today announced the sale of 2600 Stanford Court, a 1.02-million-square-foot distribution center in Fairfield, California. JDM Partners, LLC bought the fully leased asset. 
Managing Directors Mark Detmer and Bo Mills and Vice President Ryan Sitov led the JLL team on the deal. “As one of only six distribution centers in the Bay Area totaling more than one million square feet, 2600 Stanford Court presented a rare opportunity for JDM Partners to break into a high barrier-to-entry market with a top-quality asset,” said Detmer. “With such heavy demand for industrial product and a very limited supply, Northern California is primed to continue its strong sales environment.” Built in 2006, 2600 Stanford Court sits on a 56-acre lot and features a 180-foot truck court and 32-foot clear height. The building is strategically located near Interstates 80 and 505 and is within 90 miles of four international airports. JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2015 alone, JLL Capital Markets completed $140 billion in investment sale and debt and equity transactions globally. The firm’s Capital Markets team comprises more than 2,000 specialists, operating all over the globe.