ITW Rippey 5000 Hillsdale Cir

Palmer Capital, Inc is pleased to present the opportunity to acquire ITW Rippey, a single tenant, mission-critical, global manufacturing and headquarters building located in El Dorado Hills, California. The Property is 100% leased on a triple-net basis to ITW Rippey (S&P rated: A+), a leading manufacturer of advanced wafer and disc cleaning technologies critical to semiconductor fabrication processes. ITW Rippey took occupancy of the Property in 2005 and has been in tenancy ever since, with term on the latest extension to July 2029. The Property was expanded in 2015 for the tenant and significant tenant investments were made into the site. The Property is adjacent to one other building partially occupied by ITW Rippey and these buildings operate as their global headquarters. The Property provides investors with a high-quality, low-risk core investment in a highly specialized manufacturing facility situated in the desirable El Dorado Hills Business Park, located along Highway 50 with close proximity to amenities. In addition to ITW Rippey’s historical commitment to the site, the Property is primed to benefit from the outstanding growth the region has experienced over the last five years.