Cushman & Wakefield advises sale of 115,968 SF industrial facility

Cushman & Wakefield announced the firm has co-advised Purple Brands, a wine and spirts brand, in the sale of a 115,968-square-foot (sf) Class A industrial building in American Canyon, California. Situated in the Napa Valley, the freestanding property is located at 205 Jim Oswald Way. The buyer was Mezzetta Foods, an owner/occupier, which acquired the property for $18 million.

The facility previously served as a satellite winery for Purple Brands, which is headquartered in nearby Petaluma. The disposition of the industrial asset is part of a right-sizing effort for Purple Brands—the company sold a significant portion of its exclusive retail wine brands to Napa based Plata Wine Partners in 2024.

Cushman & Wakefield’s Trevor Buck & Brian Foster along with Brooks Pedder and Tony Binswanger of CBRE represented the seller in the transaction. Matt Storms and Brian Keegan of Keegan & Coppin represented the buyer.

“This is a notable owner/user sale for the famous Napa Valley, a market which has seen a limited amount of industrial sale transactions overall. This also represents significant new occupier activity and market growth from a non-wine related company in the area,” said Trevor Buck, Executive Managing Director.

205 Jim Oswald Way is a Class A industrial building totaling 115,968 sf on a sizable ±6.34 acres. Built in 2000, the property features 30-ft clear height, 21 dock doors, 3 grade doors, and ample parking. The location provides immediate access to I-680 And I-80 via Hwy 12 and Hwy 29. It is also proximate to Port of Oakland.