Sacramento, CA (Aug. 27, 2012) – Voit Real Estate Services’ Sacramento team has directed six office transactions encompassing 46,937 square feet in the greater Sacramento market. “We have seen an increase in transaction activity in the Sacramento office market over the past 12 months,” said Jon Walker (top right photo), a Senior Vice President in Voit’s Sacramento office.
“Owner/users are especially active in the buying market, as they take advantage of competitive pricing on higher quality properties. Also, as predicted, medical office tenants are leading the demand for mid-sized office product in the Roseville/Rocklin submarket.”
Transaction #1
Jon Walker and Tom Bacci (middle left photo) of Voit’s Sacramento office directed a 20,880 square-foot office lease at 1025 Creekside Ridge Dr. in Roseville, Calif. (top left photo) Jon Walker represented the lessor, RREEF Real Estate, a company that specializes in institutional asset management.
The lessee, Adventist Health System/West, a faith-based, not-for-profit, integrated health care delivery system, was represented by Bacci.
Transaction #2
Voit Real Estate Services completed a new 9,901 square-foot office lease in Roseville, Calif. on behalf of the lessee. Jon Walker of Voit’s Sacramento office worked with Jon Boland (middle right photo) and Mark Caston (lower left photo) of Voit’s San Diego office to represent Imortgage.com Inc. as the lessee. Boland and Caston represent Imortgage.com nationally.
Imortgage.com is a residential financing company which provides an array of mortgage products and has over 50 locations throughout the Western U.S. The company will use the space for its local operations. The lessor, Olympus Corporate Center, LP, was represented by Scott Rush of CBRE. The property is located at 3013 Douglas Blvd, Suite 205 and 210 in Roseville, Calif.
Transaction #3 Robb Osborne (lower right photo) of Voit’s Sacramento office completed the $1.495 million sale of a 7,000 square-foot office space located at 990 Reserve Dr., Suite 102 in Roseville, Calif. Osborne represented the seller, 990 Reserve Drive, LLC, and the buyer, 990 Reserve Drive Real Estate, LLC, in the transaction.
Transaction #4
Voit’s Sacramento team directed the owner/user sale of a 3,650 square-foot office building located at 902 Cirby Way, Building C in Roseville, Calif. for a total consideration of $614,000. Jon Walker and Tom Bacci of Voit’s Sacramento office represented the seller, Wells Fargo Bank.The buyer, KC Ventures, plans to use the space as a pediatrician office. KC Ventures was represented by Nathan Bragg (bottom left photo) of Remax Commercial.
Transaction #5
Jon Walker of Voit’s Sacramento office completed a new, five-year, 3,500 square-foot office lease in Rocklin, Calif. Walker represented the lessee, Dr. Sunnie Skiles, a local pediatrician who will use the new space for her practice.
The lessor, Harragon Trust, was represented by Scott Rush of CBRE. The property is located at 6815 Five Star Blvd., Suite 100 in Rocklin, Calif.
Transaction #6
Voit’s Sacramento office completed the $200,600 sale of a 2,006 square-foot office condo in the VCC Rocklin business park. Robb Osborne, a Senior Vice President in Voit’s Sacramento office, represented the seller, LB-VCC Rocklin LLC.
The buyer, BCT Williams LLC, was represented by Jon Walker, a Senior Vice President in Voit’s Sacramento office.
The property is located at 5724 Lonetree Blvd. (bottom right photo), Unit 202 in Rocklin, Calif.
Contact:
Jenn Quader/Judith Brower
Brower, Miller & Cole
(949) 955-7940
2 comments:
This just shows incredible growth in the real estate market in the area. Keep us posted!
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