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School of the Tiger a Survivor in Elk Grove 4/22/09 School of the Tiger agreed to a long-term lease for a 9.9k sf freestanding building located at 2301 Longport Ct, south of Laguna Blvd and just east of I-5 in Elk Grove, a NoCal town located about 15 miles south of Sacramento....
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State of California Takes Additional Office Space in Sacramento 4/20/09 The State of California recently inked an expansion lease for a total of 13.2k sf of office space in Sacramento for the Department of General Services/Real Estate Office of Integrated Services. The transaction, which more tha...
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Parrott Flies into Elk Grove Retail Center 3/12/09 Here are some recent retail leasing notes from the Sacramento region, with one deal in Elk Grove and the other in Roseville. In Elk Grove, Parrott Cellular took 2.5k sf of inline space at the Laguna Pavilion shopping center, ...
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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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