Roseville, CA – Nella Invest, LLC (“Nella”) and Yukon Real Estate Partners, LLC (“Yukon”) recently announced the acquisition of 3610 West Main Street, a 100,000-square-foot cold storage asset in Leesburg, Florida. The property was developed for and has been leased to Coca-Cola since 2008 and features freezer and refrigerated space. This investment was a rare opportunity to acquire a Class A cold storage facility in a fast-growing market. DCA Partners Family Office worked as financial advisors on the transaction and will oversee the acquired property’s future operation and value enhancement on behalf of Nella Invest, LLC. Yukon Real Estate Partners, LLC led the acquisition and will work as the asset manager for the property.
Located in Central Florida, the property is strategically located to service the surrounding areas, including Disney World and the Villages, the fastest-growing census metropolitan area over the last decade. Further, the property is less than two hours from both Tampa and Gainesville.
California-based, family-owned Nella Invest actively seeks to diversify and grow its real estate portfolio with high-quality operating partners like Yukon. Together they will continue to target unique opportunities to acquire additional scarce cold storage real estate. “Working with the Nella Invest team and family has been an exceptionally straightforward and enjoyable process. We could not ask for a better capital partner and are excited to continue working with Nella to grow this portfolio of cold storage assets,” says Mark Winter-Gitelson, Principal and COO of Yukon Real Estate Partners. Yukon is dedicated to growing the cold storage industry and bolstering America’s food supply chain.
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About DCA Partners
DCA Partners Family Office provides institutional-quality capital delivered through a friendly, flexible and collaborative family-office platform. While we occasionally acquire real assets directly, we prefer to partner with the most experienced operators and industry experts in any given sector and geography We work to establish consistent, long-term relationships with the most talented and proven operating partners and offer them attractive incentives for the value they help create. Typical equity checks range from $20 million to $50 million. As a unique real estate investor, DCA Partners delivers institutional-level capital through a friendly, flexible, and collaborative family-office platform—making them an attractive capital source for sellers and top-tier Operating Partners. Partners and Deal Sponsors looking for a smart, patient, and flexible capital partner are encouraged to contact Tom Bratkovich at his contact information below.
About Nella Invest, LLC
Nella Invest is a third- and fourth-generation family business with diversified holdings across a broad spectrum of industries and asset classes. At our core, we are pragmatic, forward-looking business people who strike to form long-term, mutually rewarding relationships with like-minded Operating Partners.
About Yukon Real Estate Partners
Yukon Real Estate Partners, formed in 2018 in Austin TX, is a fully integrated real estate investment and development company whose sole focus is cold storage and food logistics assets.
Contact
Tom Bratkovich
SVP, Investments
DCA Partners
(916) 747-1764
tbratkovich@dcapartners.com