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6/12/15
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Intercare Holdings Inc agreed to renewal leases for 31k sf of space they occupy at Rocklin Corporate Center, a two-building, 220k sf Class A office property located on West Oakes Blvd in Rocklin. The property, located about 24 miles northeast of downtown Sacramento, is owned by KBS REIT III.
Built in 2007, Rocklin Corporate Center offers floor-to-ceiling windows that show panoramic views of the Sierra Nevada Mountains. The property is located on 13.9 acres of land with over 1,000 parking spaces. Its close proximity to Hwy 65, I-80, and public transportation provide tenants with easy access to some of the top retail amenities in the Sacramento area.
Rocklin Corporate Center was awarded an Energy Star label for its operating efficiency and includes sustainable elements such as low flow fixtures and recycled content in carpet and ceiling tiles. Since KBS purchased the property in November of 2014, the occupancy rate has jumped from 90% to 96%.
Tom Heacox of Newmark Cornish & Carey represented KBS REIT III in the leases. Greg Tippin of Newmark Grubb Knight Frank repped Intercare.
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