Ace Insulation Founder Buys Petaluma Industrial Site
The owner of the longtime Petaluma-based company purchased the firm's 11,289-square-foot corporate office for $2 million.
Updated on Oct. 27, 2026 in Commercial
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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 had previously leased the property since 2015 before transitioning to ownership of the 11,289-square-foot site.
Why it matters
The transition from tenant to property owner secures a long-term footprint for the corporate office of a regional insulation firm that has operated in the city for over a decade. This move anchors the company's local infrastructure following years of expansion within the facility.
The property sale for the 11,289-square-foot facility at 1300 Dynamic St. closed at $2 million on September 15, 2026. This purchase follows the company's growth from an initial 6,032-square-foot lease in 2015 to full-property occupancy.
The players
Dwaine McCoy
The founder of Ace Insulation Inc. who completed the purchase of the company's longtime base of operations.
Ace Insulation Inc.
An insulation service provider with locations in Petaluma, Sacramento, and Sparks that has operated for 15 years.
The details
The transaction involved the acquisition of the industrial building from the Habas family trusts with the assistance of a commercial real estate agent. Ace Insulation Inc. utilized the space as a primary Petaluma corporate office, gradually expanding its footprint within the site over the last decade. The company also maintains industrial operations in Sacramento and Sparks, Nevada, as part of its broader regional presence.
Timeline
2011: Ace Insulation Inc. was founded.
May 2015: The company began leasing space at the Dynamic St. property.
September 15, 2026: Dwaine McCoy purchased the building.
The Home Front
This purchase follows the industry trend of long-term commercial tenants transitioning to ownership to secure stable operating overhead. It reflects a shift toward owner-occupied industrial real estate among established regional firms.
For business owners or property investors in the area, this transition highlights the importance of tracking local industrial property sales to understand neighborhood development. Residents should note that the company remains established in its current location.
The takeaway
Securing property ownership can be a strategic milestone for small businesses seeking long-term operational stability. Local business owners should keep property tax and maintenance obligations in mind when considering a move from tenant to building owner.
Further reading
Learn more about local business infrastructure trends in the Petaluma Commercial section.
Source note: This article includes information reported by Santa Rosa Press Democrat.
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