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• Distressed NoCal Apartment Community Trades
9/14/11
Orangevale Commons, a 50-unit, distressed apartment community located in the Sacramento suburb of Orangevale, traded hands. The property consists of 10 buildings situated on five parcels. The price was not disclosed.
The pr...
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• Distressed NoCal Apartment Community Trades
9/12/11
Orangevale Commons, a 50-unit, distressed apartment community located in the Sacramento suburb of Orangevale, traded hands. The property consists of 10 buildings situated on five parcels. The price was not disclosed.
The pr...
Price: $4.99
Executive Subscriber Price: Free
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• Davis Apartment Property Sells for Near $15 Mil
8/12/11
Alder Ridge, a 120-unit apartment community in Davis, sold for $14.9 mil ($124k/unit). The property is located at 4005 Cowell Blvd, about 12 miles west of Sacramento and just south of I-80.
The buyer was 4005 Cowell Boulevar...
Price: $4.99
Executive Subscriber Price: Free
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• KBS Strategic Opportunity REIT Forecloses on Two Sacramento Biz Parks
8/04/11
KBS Strategic Opportunity REIT has foreclosed on and gained ownership of two Sacramento-area business parks totaling more than 324k sf of space. KBS has initiated leasing efforts at each property.
One of the properties is ...
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• Sacramento Office and Industrial Market Snapshot
8/01/11
Here is a brief overview of the Sacramento office and industrial markets during the second quarter of 2011. This summary was provided to us by the Sacramento office of Grubb & Ellis.
Office
• Vacancy in the Sacramento offi...
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• Westcore Completes Second Sacramento-Area Purchase in the Last 30 Days
7/25/11
Westcore Properties closed its second Sacramento-area acquisition in 30 days, as the San Diego-based firm spent $1.872 mil for 8388 Rovana Circle, a 72k sf distressed industrial asset. The property was purchased from Sterling...
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• Basin Street Adds Four at California Center
7/19/11
Basin Street Properties has added four new tenants to its California Center business park in Sacramento. Occupying a combined total of nearly 16k sf, the new leases include Children’s Law Center, Commonwealth Brands Inc and ...
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• Brand Name Retailers Find Taking Space in Sacramento a Capital Idea
6/16/11
Bed Bath & Beyond is set for a new store opening this fall at The Promenade @ Sacramento Gateway. Don Krieger with Terranomics Retail Services, the exclusive tenant representative of Bed Bath & Beyond (BBB) in Northern Califo...
Price: $4.99
Executive Subscriber Price: Free
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• Vacaville Multifamily Property Sells for $88k/Unit
6/07/11
A Green Leaf Partners entity paid $5.55 mil for Meadowood Apartments, a 64-unit ($88k/unit) multifamily community located in Vacaville. The property was sold by Walnut Creek-based Bridge Partners.
Originally constructed in 1...
Price: $4.99
Executive Subscriber Price: Free
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• Sacramento-Area Multifamily Asset Trades for $76.5 Mil
5/12/11
A private investment group paid $76.5 mil for Slate Creek at Johnson Ranch, a 612-unit multifamily community in the Sacramento suburb of Roseville. The sales price represents $125k per unit and $120 per sf.
The 638k sf prope...
Price: $4.99
Executive Subscriber Price: Free
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• You Say Tomato, Amir Development Says New 300k sf Tenant
4/06/11
Olam Tomato Processors Inc leased 298k sf of space at 1400 Churchill Downs Ave in Woodland, about 20 miles northwest of downtown Sacramento. Olam, a leading global supply chain manager and processor of agricultural products a...
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• NBS Financial Services Arranges $7 Mil on Sacramento-Area Office Property
4/04/11
NBS Financial Services has arranged a $6.9 mil loan on the Cobblerock Office Building, a Class A, multi-tenant building in Rancho Cordova, a suburb of Sacramento. The loan was arranged by NBS’ Executive Vice President Ken Gri...
Price: $4.99
Executive Subscriber Price: Free
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• Sacramento Retail Update
3/24/11
Here’s the scoop on three recent retail transactions from the Sacramento area. In the first deal, California Barbering & Cosmetology Apprenticeship Learning Inc leased 2k sf of inline space at the Laguna Village shopping cen...
Price: $4.99
Executive Subscriber Price: Free
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• Kaiser Permanente Checks into 35k sf of Sacramento-Area Space
3/24/11
Kaiser Permanente signed a seven-year lease for 35.1k sf of space at Parkway Corporate Plaza in the Sacramento suburb of Roseville. Parkway Corporate Plaza, a 28-acre master planned office park located on East Roseville Pkwy,...
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• Stockton Walgreens Property Sells for $350/sf
3/15/11
A family trust from Gilroy, CA purchased a 14.8k sf retail property occupied by Walgreens for $5.21 mil, of about $350/sf. Built in 2008 and situated on just under 1.5 acres, the property is located at 7850 West Lane in the c...
Price: $4.99
Executive Subscriber Price: Free
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• Hines Closes Eight Deals at Its Gateway Oaks Office Campus
3/10/11
Hines Value Added Fund II closed eight new/renewal leases for a combined 28.9k sf of office space at the Energy Star-labeled Gateway Oaks, a four-building Class A office park in the South Natomas submarket. .
Hines was rep...
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• G&E’s Bryce MacDonald Lands 375k sf Industrial Leasing Assignment in Stockton
3/08/11
Mid-Peninsula Properties Inc has awarded the leasing assignment for a three-building, 375k sf portfolio of warehouse/distribution buildings in Stockton to Bryce MacDonald of Grubb & Ellis Company.
The properties are located...
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• Animal Doc Purchases Sacramento-Area Building for $1.75 Mil
2/23/11
An 8.4k sf building in the NoCal city of Folsom was purchased by Jennifer Sweet, a local veterinarian, for $1.75 mil ($208/sf). The property, a former restaurant, is located at 1770 Prairie City Rd, north of Hwy 50 and east o...
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• AMCAL Set to Open Its Fourth San Joaquin Valley Multi-Housing Community
2/11/11
Summer Hill Place, a new 50-unit family workforce development in Fresno, is slated to open on February 16, 2011. The project was developed by SoCal-based AMCAL Multi-Housing Inc and represents the company’s fourth San Joaquin...
Price: $4.99
Executive Subscriber Price: Free
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• KBS REIT Closes on 234k sf Sacramento Office Buy
2/04/11
The most recent office investment activity in Sacramento involves two buildings in the mixed-use Sacramento Gateway development that were acquired by KBS Real Estate Investment Trust II (KBS REIT II) of Newport Beach for $47....
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