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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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• No Moving Violation in CHP’s Big Sacramento Relocation Lease
9/15/08
The California Highway Patrol inked a 20-year lease for a 285k sf, three-building complex in Sacramento for a new state headquarters campus. The value of the lease is reported to be over $190 mil.
The three buildings...
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• Terranomics Signs Veteran 4-Person Team
8/28/08
Four Sacramento-area retail brokerage pros -- James A. Teare, SCLS, Blair J. Wheatley, Clark Breipohl, and Amy Mueller – have joined the Sacramento office of Terranomics, coming over from GT Retail Services Group (acquired b...
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• Owner/Users Invest in Sacramento-Area Industrial Properties
8/25/08
A couple of recent industrial property sales in the Sacramento area have a combined value of $3 mil. One of the deals was in the city, near Sacramento Executive Airport, while the other was in Woodland, roughly 20 miles north...
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• College Greens Generates about $20 Mil in Green
6/30/08
College Green Shopping Center, a 119.1k sf neighborhood shopping center located in the heart of California’s capitol city of Sacramento, recently traded hands in a transaction valued at $19.76 mil, or $166/sf. The center is a...
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• Office Buyers May Want to Shop at Farmers Market
6/18/08
Institutional investors and other potential buyers of major office properties may want to check out a very notable listing in Sacramento -- the three-building Farmers Market complex located within the city’s urban Midtown are...
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• New Sacramento Center Looks to Old Navy for Tenant Reinforcements
5/14/08
In a recent Sacramento retail transaction, Old Navy opened a new NoCal store after agreeing to a lease for 17.9k sf of space at the newly built Florin Towne Centre. The Towne Centre, which is a portion of the Florin Mall loca...
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• New Vacaville Office Project is Nut Lacking for Amenities
4/22/08
Businesses in Vacaville looking for modern, amenity-laden office space in the region now have the option of a brand new 40k sf development that was just completed at Nut Tree Village, a 333k sf mixed-use lifestyle center deve...
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• EnviroFinance Provides $7.25 Mil for Vallejo Land Buy
4/15/08
EnviroFinance Group provided $7.25 mil in financing for the acquisition of four separate land parcels encompassing approximately 15 acres in Vallejo, a NoCal city situated about midway between Berkeley and Napa in Solano Coun...
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• NoCal Deal Briefs
4/08/08
SANTA CLARA (Santa Clara County) – XenoPort Inc is expanding into an additional 58.7k sf of space at 3400 Central Expressway, after agreeing to a five-year deal. They are also extending their existing space of 102.8k sf at 34...
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• G&E’s Bob Nolasco Honored as Firm’s No 1 Retail Producer for 2007
4/04/08
Bob Nolasco, Senior Vice President in the Roseville office of national real estate services firm Grubb & Ellis, was the Company’s No. 1 retail producer nationally for 2007. Nolasco received his award at Grubb & Ellis’ Circle...
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