Press Releases
Marcus & Millichap Brokers $8.5M Sale of Single-Tenant Industrial Facility
June 30, 2026
AUBURN, Calif., June 30, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 13350 New Airport Rd., a 61,334 square-foot industrial facility in Auburn, CA. The asset sold for $8,500,000 or $138.59 per square-foot.
“Auburn continues to attract investors seeking well-located industrial assets with long-term value, driven by its strategic access to Interstate 80, proximity to the Sacramento workforce and limited industrial inventory,” said Ross Relles, associate director investments. “The size of this corporate headquarters, research and development, and assembly sale-leaseback transaction, combined with the seller’s five-year lease-back, provided the buyer with an institutional-quality asset offering immediate income stability and long-term investment potential.”
Relles, Mark Hefner and Zach Sattler, investment specialists in Marcus & Millichap’s Sacramento office, had the exclusive listing to market the property on behalf of the seller, Ceronix, Inc. The buyer, a Utah-based private investor, was represented by an outside broker.
The 6.6-acre property is located adjacent to the Auburn Airport Industrial Park and near the Auburn Municipal Airport. Its location provides convenient access to major transportation corridors and supports a variety of light industrial uses, including manufacturing, assembly and research and development. The facility features recent infrastructure upgrades, including a solar roof system and upgraded electrical and internet connectivity. Ceronix is the global market leader in the design, development and manufacturing of replacement screens for gaming machines.
“Auburn continues to attract investors seeking well-located industrial assets with long-term value, driven by its strategic access to Interstate 80, proximity to the Sacramento workforce and limited industrial inventory,” said Ross Relles, associate director investments. “The size of this corporate headquarters, research and development, and assembly sale-leaseback transaction, combined with the seller’s five-year lease-back, provided the buyer with an institutional-quality asset offering immediate income stability and long-term investment potential.”
Relles, Mark Hefner and Zach Sattler, investment specialists in Marcus & Millichap’s Sacramento office, had the exclusive listing to market the property on behalf of the seller, Ceronix, Inc. The buyer, a Utah-based private investor, was represented by an outside broker.
The 6.6-acre property is located adjacent to the Auburn Airport Industrial Park and near the Auburn Municipal Airport. Its location provides convenient access to major transportation corridors and supports a variety of light industrial uses, including manufacturing, assembly and research and development. The facility features recent infrastructure upgrades, including a solar roof system and upgraded electrical and internet connectivity. Ceronix is the global market leader in the design, development and manufacturing of replacement screens for gaming machines.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
