GPR Ventures has completed the sale of two light industrial buildings totaling 44,910 square feet in Roseville, Calif.
The owner and the financial terms were not disclosed.
Located at 10560 and 10600 Industrial Ave., the buildings were originally acquired by GPR Ventures in October 2013 as part of a four-building, 90,886-square-foot portfolio. At the time of purchase, occupancy was at 56 percent, but has reached full 100 percent tenancy under GPR Ventures' management.
After GPR Ventures purchased the two buildings, the firm immediately completed a wide range of renovations to the property. All buildings received new exterior paint, and upgraded landscaping was installed throughout the property. GPR Ventures also built out two shell units within the property before selling one building in late 2014. The company followed with the sale of a second building in late 2015.
