SAN FRANCISCO, Dec. 3, 2025 –  JLL Capital Markets announced today it has arranged $31.7 million in acquisition financing for Catalyst Real Estate and SIII Investments’ purchase of the Highway 50 Industrial Portfolio, a four-property collection totaling 402,348 square feet strategically located along Highway 50 in Sacramento, California.

The financing, provided by Nationwide, supported Catalyst and SIII Investments’ $51 million acquisition of the 19 building multi-tenant industrial portfolio.

The portfolio includes Franklin Business Park (158,468 square feet), Gold River Business Park (66,970 square feet), Skyway Business Park (151,935 square feet) and Sunrise Gold Business Park (24,624 square feet), all positioned along the major east-west corridor connecting Sacramento with South Lake Tahoe.

Currently operating at 92 percent occupancy, the portfolio houses over 140 tenants in suites ranging from several hundred square feet to 15,000 square feet, with an average of approximately 2,800 square feet per suite. The diverse tenant composition includes light manufacturing and assembly operations, automotive-related businesses, warehousing and distribution, construction and home improvement companies, service-based businesses, and creative and artisanal enterprises.

The properties benefit from excellent connectivity to major transportation networks. Sacramento International Airport sits within a 30-minute drive, while the Port of Stockton, a major inland deepwater port, is accessible within approximately one hour via Interstate 5. The strategic positioning near both air and water transport facilities enhances the portfolio's appeal to diverse industrial users involved in light manufacturing, assembly and regional distribution operations.

The JLL Debt Advisory team representing the borrower was led by Senior Managing Director Jordan Angel, Director Spencer Bergthold, Senior Analyst Andrew Deaver and Analyst Sam Kobrine.

"We're pleased that Catalyst Real Estate and SIII Investments selected JLL to handle their financing needs for this strategic acquisition," said Angel. "We are seeing substantial liquidity and depth in the market for well-located small bay and shallow bay assets such as this Highway 50 portfolio. This portfolio offered lenders a unique opportunity to finance a well-performing collection of shallow bay industrial assets with tremendous mark-to-market upside while partnering with a seasoned sponsor focused on strategically growing their existing portfolio."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom. 

Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500^® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com. 

Catalyst is a San Francisco based real estate investment and development company. Our team is dedicated to acquiring income-producing, institutional-quality assets throughout the Western and Central states. We are also developers of value-add properties, including highly complex, and differentiated life sciences space. We deploy a disciplined process to source, evaluate, and execute each investment and development project driving investor returns and supporting healthy communities.

Based in Northern California, SIII have a combined 60 years of real estate experience with broad industry exposure ranging from real estate analysis, acquisitions, dispositions, asset management, property management, leasing, fundraising, fund management, culture and team building and overall company operations. SIII have worked closely together as a team for 20+ years. The partners of SIII have invested in small bay multi-tenant industrial real estate since 1985.