(EDITOR’S NOTE: According to sources with knowledge of the property, the pricing guidance for the land is at $50 million.)
SAN FRANCISCO, November 12, 2019 – JLL announces that the celebrated Napa Soda Springs, one of the largest continuous parcels of land in California’s Napa Valley, is available for sale for the first time in more than 40 years.
The property was once home to the preeminent Napa Soda Springs Resort, which welcomed socially prominent families to enjoy the resort’s mountain air and healing waters into the early 1900’s. Napa Soda Spring’s varied and diverse topography features the healing waters of Soda Creek, a stunning 80-foot waterfall, vistas of Poppy Hill, the magma rock-strewn slope of Babylon Plane, and a multitude of free flowing mineral springs that have been historically prized and bottled for their taste and health-giving properties.
Designated by the County of Napa as a “Landmark of Historical Significance,” stone remnants of the historic resort remain, inviting restoration and adaptive re-use.
Located at 2000 Soda Springs Road, and 15 minutes from downtown Napa, the parcel is central to the culinary, wine and cultural experiences that draw visitors from all over the globe to Napa. Numerous premier Napa Wineries and regaled restaurants of the region are all within a short drive via the Silverado Trail or the Mt. St. Helena Highway.
“Napa Soda Springs represents a rare and generational ownership opportunity that offers access to all the best the Napa Valley has to offer,” JLL’s Gerry Rohm said. “It is the most extensive, richest sanctuary opportunity in the Bay Area and a future owner will have an opportunity to customize the parcel sizes and locations to match their visions and creative stewardship.”
The JLL Capital Markets team representing the seller is led by Senior Managing Director Gerry Rohm, Managing Director Mark Root and Vice-President Tatiana Hodapp.
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 the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization. The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.
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Deal secured by Holliday GP Corp. (“HFF”) prior to being acquired by JLL on July 1, 2019. Brokerage services now provided by Jones Lang LaSalle Americas, Inc., a licensed real estate broker (CA Real Estate License No. 01223413).
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of more than 93,000 as of September 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.