**Napa Valley Winery Trades Warehouse to Owner/Occupier for $18M**
Cushman & Wakefield has co-advised Purple Brands, a prominent wine and spirits company, in the sale of a 115,968-square-foot Class A industrial facility located at 205 Jim Oswald Way in American Canyon, within the Napa Valley region. The property was acquired for $18 million by Mezzetta Foods, an owner/user who plans to occupy the facility.
Previously, the site operated as a satellite winery for Purple Brands, which is headquartered in nearby Petaluma. The transaction is part of Purple Brands’ broader strategy to streamline its operations, following the 2024 sale of a substantial portion of its exclusive retail wine brands to Plata Wine Partners, based in Napa.
The sale was brokered by Trevor Buck and Brian Foster of Cushman & Wakefield, in collaboration with Brooks Pedder and Tony Binswanger of CBRE, representing the seller. The buyer, Mezzetta Foods, was represented by Matt Storms and Brian Keegan of Keegan & Coppin.
“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,” said Trevor Buck of Cushman & Wakefield. “This also represents significant new occupier activity and market growth from a non-wine-related company in the area.”
This transaction highlights shifting dynamics in the Napa Valley’s commercial property market, as traditional wine industry players adjust portfolios and new sectors seek a foothold in the region.
