The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 28, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



SACRAMENTO NEWS
Printer-friendly Version   Email an Associate
Sacramento Area Biz Campus Trades in $70 Mil Deal

11/15/16

Fulcrum Properties closed on a sizable investment buy in the Sacramento area, paying $70 mil for University Research Park, a 17-building campus totaling 304.9k sf ($230/sf) in Davis. The property was 92% percent leased at the time of sale.

Located at 1440-1590 Drew Ave, 1850-2020 Research Park Dr and 1947 Galileo Ct, University Research Park is situated on 32.7 acres, roughly 15 miles west of downtown Sacramento. The buildings offer a mix of high-quality office, research and laboratory space. Major tenants include Novozymes, Marrone Bio Inovations and UC Regents.

The 17-building campus is located less than one mile from the University of California, Davis. The campus benefits from its close proximity to UC Davis, which provides access to its large student and faculty population as well as a direct link to the University’s fiber optic computer network. The property also offers convenient access to Interstate 80, nearby apartment buildings and Downtown Davis’ abundant retail market.

CBRE’s Russell Ingrum, Joe Moriarty, Tyler Meyerdirk, Sean Sullivan, Stuart Wright and Matt Post represented the seller, Interland LLC. Mike Stassi and Daniel Baker of CBRE’s Sacramento office provided leasing market expertise.





Return to the Archive page
 


 


 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media