Sale/leaseback occupied by Gymboree
Fairfield, CA, May 11, 2015 – Colliers International’s Fairfield office, which covers Solano, Napa and parts of Contra Costa counties, recently sold the Gymboree Distribution Center located at 2299 Kids Way in Dixon, CA.
Nearon Enterprises purchased the ±447,042 square foot warehouse/distribution center from Gymboree, who signed a 15 year lease at the time of the sale.
2299 Kids Way is a premier Class A distribution facility built in 1998, and it underwent a ±145,000 square foot expansion in 2007. The facility is situated on ±20.95 acres plus ±8.84 acres of additional vacant land used for trailer storage. The property has immediate access to Interstate 80 and is located near the transcontinental railway corridor.
Phil Garrett, Executive Managing Director of Colliers International’s Fairfield office, and Jon Quick, Senior Vice President, represented the buyer (Nearon Enterprises) in the transaction.
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