Rising Realty Partners Acquires South Point Industrial Park in Sacramento

South Point Industrial Park is Rising Realty Partners’ second asset in Northern California and fifth Industrial Property Acquisition since 2020.

Rising Realty Partners (RRP) announced today the acquisition of South Point Industrial Park, a multi-tenant industrial park located from 6520 to 6600 44th Street in Sacramento, California. The property is RRP’s second light industrial acquisition in Sacramento this year, having acquired Alpine Industrial Park in February.

Consisting of four buildings totaling 84,000 sf of space built between 1985 and 2005, South Point Industrial Park lies within the competitive South Sacramento industrial market. Abutting and with easy access to the 99 freeway, the property is 78 percent leased with ten existing tenants.

“This is a great property that fits our criteria for a multi-tenant light industrial acquisition. There is value-add potential with flexible suite sizes, excellent ingress/egress with freeway access and visibility which presents valuable signage opportunities,” said Scott Word, Principal of Industrial Investments. “The proximity of South Point Industrial Park to our other asset in Sacramento, Alpine Industrial Park, allows us to create operational efficiencies and economies of scale.”

Capital for the acquisition was primarily secured through RealtyMogul and the RRP Investor Platform. The Platform gives accredited investors the opportunity to partner with RRP in the ownership structure of an asset.

RRP announced the expansion of its investment platform to include industrial sector acquisitions in 2020. South Point Industrial Park is RRP’s fifth industrial asset acquired since the first quarter of 2021.

“The Sacramento region shows strong market fundamentals with a resilient economy, growing population base and increasing demand for light industrial space,” said Christopher Rising, Co-Founder and CEO of RRP. “We’ve had great success unlocking value from our industrial properties in a short period of time and are actively looking for more industrial opportunities in Sacramento’s burgeoning market ”

About Rising Realty Partners 

Rising Realty Partners is a family-owned, Los-Angeles based, vertically-integrated real estate investment and operating platform specializing in creating world-class commercial properties across California, Nevada and Texas. With more than 5 million sf under management, RRP’s approach to real estate investing and operating focuses on advancing environmental, technological, and social impacts. For more information, please visit www.risingrp.com