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American City Business Journals
Amazon-leased West Sac building sold for $91.9 million
One lesson from big property sales in 2021: It helps if a certain company named for a South American river is the tenant. The recent sale of Amazon-leased 3620 Ramos Drive in West Sacramento is the latest example, closing escrow in late November for $91.9 million, the region’s largest single-building industrial sale this year. St. Louis-based ElmTree Funds, a private equity real estate investor, was the buyer, according to records.
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