SOURCE: Harsch Investment Properties

Harsch Investment Properties

August 10, 2015 14:26 ET

Harsch Investment Properties Acquires 20th Industrial Property in Sacramento Region, Adding Northgate Business Park in Natomas to Portfolio

Ten-Acre, Twelve-Building Complex Offers Flexible Space Options in Prime I-80 and I-5 Intersect Location

SACRAMENTO, CA--(Marketwired - Aug 10, 2015) - Harsch Investment Properties, a Portland-based real estate investment, development and management company, has acquired Northgate Business Park, a 12-building property comprised of 153,791 square feet of industrial flex space. Sold by PS Business Parks, the park is 92 percent occupied by over 63 tenants. Located in the growing Sacramento suburb of Natomas, it has direct access to Interstates 80 and 5.

"2015 is the 20th anniversary of our company owning property in the Sacramento metropolitan area," said Jordan D. Schnitzer, President of Harsch Investment Properties. "Our goal is to double the size of our portfolio in this market during the next 5 years!"

"Northgate Business Park is located in one of the most sought-after areas to live and work in Sacramento," said Harsch Investment Properties SVP, Sacramento Regional Manager John Shorey. "Our goal for this property is to offer current and future tenants the best real estate experience in Natomas. Harsch Investment Properties now has 20 properties in the Sacramento metropolitan area, and we are fully committed to helping regional businesses grow by offering high-quality light industrial and office space."

Northgate Business Park boasts a best-in-class light industrial and office environment with a multitude of flexible options, including move-in ready suites ranging from 200 to 22,000 square feet. Tenants enjoy street-front visibility and ample parking for employees and visitors. Its location in the highly desirable Natomas submarket offers close proximity to housing and retail amenities, and the region is currently planning for additional growth and development. The property has direct access to Interstates 80 and 5 and is 12 minutes to both Downtown Sacramento and the Sacramento International Airport.

The property's 63 tenants represent diverse industry sectors, such as healthcare, security and environmental services. With the addition of Northgate Business Park, Harsch Investment Properties now owns and manages 20 Sacramento area properties serving over 300 tenants in 2.3 million square feet.

Northgate Business Park is located at 600-628 North Market Boulevard, 4135-4229 Northgate Boulevard and 4200-4212 North Freeway Boulevard.

About Harsch Investment Properties
Harsch Investment Properties is a privately-held real estate company that acquires, manages and develops properties for its own portfolio. Founded in 1950, the company owns and operates 22 million square feet of office, multi-tenant industrial, multi-family and retail properties in six western states. Headquartered in Portland, Oregon, Harsch has regional offices in Sacramento, Portland, Seattle, the San Francisco Bay Area, Las Vegas, and San Diego. More information can be found by going to http://www.harsch.com.

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