|
|
3/30/12
|
Three recent office property sales in the Sacramento area totaled to $3.5 mil. The buildings have a combined 34.6k sf of space.
In one of the deals, an 11.7k sf office building located at 1687 Eureka Rd in Roseville sold for $1.6 mil, or $137/sf. Robb Osborne and Cole Sweatt with Voit Real Estate services handled negotiations for the seller, Rori Property Holdings LLC. The buyer, Infinite Solutions Inc, was represented by David Brandenburger of Cornish & Carey.
Infinite Solutions, a company that provides information technology consulting, training, mentoring and development services, will use this property as its U.S. headquarters. This property is centrally located within the Roseville business corridor on the corner of Eureka Road and Douglas Blvd.
A 17.9k sf, two-story office/medical building located at 2368 Maritime Dr in Elk Grove traded for $1.4 mil ($78/sf). A Voit team led by Osborne represented the buyer, 990 Reserve Drive LLC. The seller, Roseville Bank of Commerce, was repped by Doug Quiroz of Cemo Commercial.
In the third deal, a 5k sf office building located at 5174 Hillsdale Circle in El Dorado Hills sold for $500k ($100/sf). The buyer, Colorado Federal Bank, plans to use this fully improved office property as a corporate office and branch location.
Voit’s Sacramento Corporate Office Group represented the seller, Lot 68 Partnership, a California general partnership. The buyer was represented by Clyde Rawlings and Toss Valentine of Grubb & Ellis.
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
