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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...
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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...
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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 ...
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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...
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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).
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Wrightwood Finances $48 Mil Sacramento Retail Buy 12/03/07 Wrightwood Capital has provided $48.1 mil to finance the acquisition of Southgate Plaza, a 350k sf community retail center in Sacramento. The property covers about 42 acres of land at the southwest corner of Florin Rd and Fra...
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Martin Takes Over Ware Malcomb’s Sacramento Interior Architecture and Design Studio 11/16/07 Heather Martin will be taking over leadership of Ware Malcomb’s Sacramento’s Interior Architecture and Design Studio. In her new role, Heather will be responsible for leading, managing, and continuing the growth of the Interi...
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LaeRoc Earns Points in Carmichael 11/08/07 LaeRoc Funds, a Los Angeles-based investment fund, purchased 5 Points Shopping Center, a 50.1k sf retail center located at 5100 Arden Way, just east of Fair Oaks Blvd in Carmichael, a suburb located roughly 10 miles east of S...
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Sares Regis Repositions Historic Sacramento Building 11/07/07 A historic 196k sf building located at 1800 3rd St in Sacramento is being repositioned by Sares Regis Group of Northern California (SRGNC). The property is the Thompson/Diggs Hardware building, which is undergoing over $2 mil...
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Investors Snap Up Sacramento-Area Multifamily Assets 10/23/07 For those of you interested in multifamily comps from around the Sacramento area, we have a couple of recent deals to share with you. The transactions are from the cities of Roseville and Orangevale, both of which are located...
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CT Picks Up Metro Centre in Sacramento 10/05/07 Newport Beach-based CT Realty Corp has purchased the Metro Centre office building in Sacramento, a two-story, 49.1k sf office building at 1600 Sacramento Inn Way. The building, which fronts the Capital City Fwy/Business 80 on...
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233k sf of Adjacent Warehouse Buildings in Woodland Leased Up 10/04/07 NAI BT Commercial brokered two warehouse lease transactions for a combined 233k sf of space at adjacent facilities in the city of Woodland, a NoCal town located about 20 miles west of Sacramento. In one of the deals, RHM Indu...
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NoCal Activity Review 9/24/07 SAN FRANCISCO (San Francisco County) – Trophy Properties LLC purchased four apartment properties with a combined 42 units. They are: 22 units at 230 Oak St for $4.7 mil ($214k/unit); eight units at 427 34th Ave for $2.5 mil (...
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Embarcadero Capital Acquires 272-Unit Sacramento Apartment Property 9/04/07 Embarcadero Capital has purchased The Falls at Arden, a 272-unit, garden-style, multifamily community located at 2345 Northrop Ave, north of Fair Oaks Blvd and west of Watt Ave in Sacramento. The property, which sold for $29....
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