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Westrust to Grow Nut Tree 7/14/09 Westrust, the big CA-based retail developer/operator, has acquired the assets of Nut Tree Associates, the master-plan developer of the Nut Tree, and Nut Tree Family Park, the 3.5-acre NoCal amusement park which closed on Janu...
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Basin Street Signs Two New Leases at Sacramento Business Park 6/10/09 In recent Sacramento-area leasing activity, Granite Construction Inc and NCS Pearson Inc each agreed to five-and-a-half-year lease agreements at California Center, a 168k sf Class A business park in Sacramento. The complex is...
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College Square Apartments Recognized as Best of Davis 6/09/09 College Square Apartments, a 240-unit apartment community in Davis, has been recognized with a “2009 Best of Davis Award” given by the U.S. Local Business Association (USLBA). Owned by KW Property Fund III, an entity of Bever...
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48-Unit Woodland Multifamily Property Sells for $2.2 Mil 6/02/09 Crosswood, a 48-unit apartment complex located at 641-645 2nd St, southwest of I-5 in Woodland, sold for $2.2 mil ($45.8k/unit). Woodland is a NoCal town of roughly 54,000 people located 20 miles northwest of Sacramento.
Ste...
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Latest Listing has Sacramento-Area Multifamily Market Rocklin and Rollin' 5/21/09 Investors looking for institutional-quality multifamily opportunities in the Sacramento area may want to check out this listing in Rocklin, a city of about 55,000 people located 22 miles northeast of Sacramento. The property ...
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126k sf Sacramento Office Property Hits the Market 5/08/09 In news of a notable Sacramento listing to hit the market, 10000 Goethe Rd, a 126k sf office building on roughly 10 acres of land, has been offered for sale. Completed in 1997, the property is a two-story Class A building sit...
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Metrocities Mortgage Takes 2.6k sf of Class A Space in Sacramento 4/30/09 Metrocities Mortgage agreed to a two-year lease for approximately 2.6k sf of Class "A" office space at California Center, a 168k sf corporate campus in Sacramento. Metrocities, a national direct residential mortgage lender, t...
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School of the Tiger a Survivor in Elk Grove 4/22/09 School of the Tiger agreed to a long-term lease for a 9.9k sf freestanding building located at 2301 Longport Ct, south of Laguna Blvd and just east of I-5 in Elk Grove, a NoCal town located about 15 miles south of Sacramento....
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State of California Takes Additional Office Space in Sacramento 4/20/09 The State of California recently inked an expansion lease for a total of 13.2k sf of office space in Sacramento for the Department of General Services/Real Estate Office of Integrated Services. The transaction, which more tha...
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Parrott Flies into Elk Grove Retail Center 3/12/09 Here are some recent retail leasing notes from the Sacramento region, with one deal in Elk Grove and the other in Roseville. In Elk Grove, Parrott Cellular took 2.5k sf of inline space at the Laguna Pavilion shopping center, ...
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Grubb & Elllis Awarded Major Sacramento Leasing Assignment 3/10/09 Hines, the big Texas-based real estate owner/developer, has awarded the leasing assignment for the Gateway Oaks office properties in Sacramento to Grubb & Ellis. The four Class A buildings range in size from 44.8k sf to 122....
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ARCS Keeps Sacramento Apartment Market Afloat with Financing on Pair of Properties Totaling 160 Units 1/28/09 To give you a better sense of the kind of apartment financing deals getting done in California’s state capitol, here’s some info on a couple of loans arranged by PNC ARCS for a combined total of $5.82 mil on the Ridgestone Ap...
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KBS Picks Up Another 100k sf of Sacramento Office Space 12/02/08 Newport Beach-based KBS has taken a shining to Sacramento office properties, having just closed its second significant Sacramento buy on behalf of its KBS Real Estate Investment Trust I (KBS REIT) so far this year. In this la...
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Opus West is Rocklin after Getting Approval for New Stanford Ranch Office Project 11/25/08 Opus West Corp is getting ready to move forward on a new Class A office project within the 3,500-acre Stanford ranch master-planned community, after receiving approval from the City of Rocklin. The project, Opus Point Stanfor...
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Draftsmen & Craftsmen 11/14/08 West Sacramento-based Clark Pacific recently completed the precast construction on the Caltrans District 3 office building in Marysville, a NoCal city located about 40 miles directly north of Sacramento in Yuba County. The $6...
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Woodland Retail Lease is Extreme 11/10/08 We’ve got two recent retail leases to report from Woodland, a NoCal town situated roughly 20 miles northwest of Sacramento in Yolo County. In one of the deals, Pet Extreme Inc agreed to a long-term lease for 18k sf of end cap...
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AMCAL Unveils New Affordable Apartment Project in Sacramento 11/03/08 Sommerset Place, a new 96-unit family affordable apartment development in Sacramento, just celebrated its grand opening. The project, located at 6100 48th Ave, features a community clubhouse, pool and children’s play area. I...
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Draftsmen & Craftsmen 10/16/08 Precast construction on the Caltrans District 3 Office Building in Marysville, a $64 mil, 211k sf office project, was just completed. The development is the first state office building to feature “All-in-One” total precast co...
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Second Phase of 525k sf Woodland Retail Center Gets Underway 10/13/08 Construction on the second phase at Woodland Gateway, a 525k sf retail power center located in the city of Woodland, is well underway. Funding for construction in the form of a $26.58 mil senior loan was provided by PCCP LP. ...
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792-Bed Cal State Sacramento Housing Complex Sells for $36 Mil 9/19/08 Henderson Global Investors, in a venture with Lake Forest-based Valeo University Communities, closed on a large res buy in Sacramento, paying $36.35 mil for The Verge Apartments, a 792-bed ($45.9k/bed) complex that serves the...
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