Premier Business Centers




The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
July 24, 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?





NORTHERN CALIFORNIA NEWS
Printer-friendly Version   Email an Associate
Nome Ventures Buys The Ziggurat Office Building in Sacramento

7/30/21

Nome Ventures has purchased The Ziggurat office building in Sacramento in a $90 mil deal. The 373.7k sf, 10-story office property, located at 701-707 3rd St, is a pyramid-shaped structure and one of Sacramento’s most recognizable and iconic buildings.

The building is 100% leased to the State of California, Department of General Services, which has been headquartered at the building since 2001 and recently renewed its lease. The transaction included the adjacent six-story parking structure.

The acquisition was financed with a $59 mil loan, provided by Citigroup Capital Markets and arranged by Greg Grant with CBRE. Nome Ventures purchased the property from Zurich Alternative Asset Management.

This was Nome’s second office acquisition in Sacramento this year, having acquired an office campus at 1625 and 1747 North Market in April for which CBRE also arranged financing.






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