Ace Insulation Founder Buys Petaluma Industrial Site
The owner of the insulation firm purchased its longtime Petaluma headquarters for $2 million to secure the facility.
Updated on Oct. 27, 2026 in Commercial
Live Poll
Is now a good time for small businesses to purchase their own commercial office space?
Ace Insulation Inc. founder Dwaine McCoy purchased the industrial facility at 1300 Dynamic St. in Petaluma for $2 million on September 15, 2026. The company, which had been a tenant at the location since 2015, now owns the 11,289-square-foot property.
Why it matters
This transaction marks a transition for the firm from a long-term lease arrangement to building ownership, providing the company with permanent control over its Petaluma corporate headquarters. For local businesses, such shifts highlight the evolution from leasing to property investment as a strategy for long-term operational stability.
The property at 1300 Dynamic St. sold for $2 million, covering 11,289 square feet of space. This follows over a decade of leasing activity for Ace Insulation Inc., which initially occupied a 6,032-square-foot portion of the building beginning in 2015.
The players
Dwaine McCoy
Founder of Ace Insulation Inc. who acquired the industrial property.
Ace Insulation Inc.
A company providing insulation services with corporate offices in Petaluma and additional sites in Sacramento and Sparks.
The details
Ace Insulation Inc. moved from a tenant arrangement into ownership after occupying the site for more than a decade. By acquiring the facility from the Habas family trusts, the firm eliminates ongoing lease obligations for its corporate office. The transition consolidates their Petaluma footprint, which serves as a central hub alongside locations in Sacramento and Sparks, Nevada.
Timeline
Ace Insulation Inc. was founded in 2011.
The firm began leasing space at the property in May 2015.
The purchase of the building officially closed on September 15, 2026.
Money Landscape
This move represents a shift for Petaluma-based businesses moving from traditional commercial leasing to building ownership. It follows the established trend of small-business tenants seeking long-term control over their facilities to avoid future rent fluctuations.
Business owners evaluating lease-versus-buy decisions should review how such transitions impact monthly overhead compared to fixed debt service payments. Consult with a commercial real estate professional to model the long-term cash flow effects of purchasing versus leasing workspace.
The takeaway
The move from tenant to owner allows a business to lock in its facility costs and potentially build long-term equity in its workspace. Owners should discuss the tax implications and debt structures of commercial real estate ownership with a qualified financial or tax professional.
Further reading
For more on local market shifts, read our guide to Commercial real estate trends.
Source note: This article includes information reported by Santa Rosa Press Democrat.
Live Poll
Is now a good time for small businesses to purchase their own commercial office space?
