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June 16, 2024
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SACRAMENTO NEWS
Archive
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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...
Price: $3.99
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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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• Notable NoCal Financings
3/28/08
In a Sacramento-area financing deal, Wrightwood Capital provided $10.86 mil in refi money for the construction and lease-up of North Sunrise Professional Center, a 41k sf medical/office building in Roseville. Located at 568 N...
Price: $3.99
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• NoCal Deal Notes
3/11/08
WOODLAND (Sacramento County) – A 154k sf former Spreckles Sugar plant was acquired by Clark Precast LLC, which intends to operate a new precast-concrete plant on the site. Located on 246 acres in the city of Woodland, about 1...
Price: $3.99
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• Davis Biz Park Trades Hands in $7 Mil Deal
3/05/08
A San Ramon-based investment entity acquired a 58.8k sf business park in the NoCal town of Davis for $7.25 mil ($123/sf). The property, Davis Commerce Center, is located at 2121 2nd St, adjacent to I-80 and east of Pole Line ...
Price: $3.99
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• Sacramento Apartment Property Fetches $74k/Unit
2/20/08
In this report, we’ll cover two recent NoCal apartment comps on properties located in two inland CA towns. One of the transactions was in the state capitol of Sacramento, while the other deal was in Stockton, located about 50...
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• NoCal Pro Moves
1/21/08
Todd Shaffer: Cornish & Carey Commercial/ONCOR International (C&C) has appointed C&C’s Senior Vice President Todd Shaffer to manage the Office Brokerage Division in the company’s Santa Clara headquarters office. The position...
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• Opus West Signs Two Tenants at Gateway Corporate Center
1/14/08
The latest companies to take space at Opus West’s Gateway Corporate Center @ Sacramento Gateway are Jacobs Carter Burgess Inc and AcademyX, which leased a combined 28.3k sf of space in Building A of the four-building, 590k sf...
Price: $3.99
Executive Subscriber Price: Free
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• Best Solution for Training Toward Self Reliance is to Purchase Building
12/07/07
Here’s news of an owner/user office buy in Sacramento, as Training Toward Self Reliance purchased a 10.8k sf facility that they occupy as the sole tenant. The one-story building was sold by CT Realty for $1.7 mil ($157/sf). ...
Price: $3.99
Executive Subscriber Price: Free
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