Sacramento
Penumbra Expands CA Presence With Sacramento Lease
Penumbra will occupy more than 150,000 square feet at the Roseville Innovation Park. A joint venture between Farallon Real Estate Partners and Strada Investment Group owns the property.
RagingWire Hires SVP of Construction, Design
Kevin Dalton will oversee the company’s newest deployments and designs, including a newly created technique which uses modular building and a supply chain management system to deliver quality solutions.
Nearon Enterprises Enters Sacramento Industrial Market
Massie & Co. sold the roughly 518,000-square-foot portfolio for $34 million. The three buildings are fully leased to a long-term tenant.
Sacramento Valley Retail Center Changes Hands for $18M
The shopping center opened its doors in 1985, anchored by K-Mart. Engstrom Properties renovated the asset and shifted toward a diversified mid-size tenant roster.
Ellis Partners Trades $45M CA Office Campus
The two buildings, located 20 miles northeast of Sacramento, contain approximately 185,000 square feet of Class A space. The properties last traded in late 2012.
Hanley Investment Arranges Sale of Sacramento Retail Center
Spreading across a 7-acre site at the intersection of Club Center Drive and Natomas Boulevard, the property is anchored by CVS Pharmacy, Ace Hardware and Dollar Tree.
Sacramento-Area Shopping Center Sells in Record-Setting Deal
Donohue Schriber sold a Trader Joe’s-anchored, 242,000-square-foot retail asset in Elk Grove, Calif., to Acadia Realty Trust. NKF Capital Markets represented the seller.
NKF Hires New Executive Vice President in Sacramento
In his new role, Chris Lemmon will be responsible for the brokerage firm’s Sacramento and Roseville branches, replacing Devon Atlee.
California Military Department’s $135M HQ Breaks Ground
Walsh Construction Co. II and Stantec have teamed up to build the 285,000-square-foot, zero-net energy campus in Rancho Cordova, near Sacramento.