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April 19, 2024
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FINANCING NEWS
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Sacramento’s Esquire Plaza Lands $19.5 Mil Refi

12/16/22

Esquire Plaza, a 22-story, 307k sf Class A office tower anchoring Sacramento’s Governmental Affairs District skyline, was refinanced with a new loan for $19.5 mil. Notable tenants include the Associated Press, California Building Industry Association, California Chamber of Commerce, California Hospital Association, Johnson & Johnson, and others.

Located at 1213-1215 K St, Esquire Plaza is situated close to the Sacramento Convention Center and directly across the street from the State Capital. The Sheraton Grand Hotel and the Hyatt Regency Hotel are within walking distance.

Built in 1999, Esquire Plaza offers both on-site parking and retail services. The ceiling height is 9' with a bay depth of 30'-40' and a window module of 5'. A 450 seat IMAX Theatre and Cafe, and an overnight Express Center are just a few of the building's amenities. Cooling for the building is provided by centrifugal water chillers.

The financing was arranged by Murphy Osborne and Crischell Bacarro with Gantry.





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