This Class A office space will be available to Verizon this month, as opposed to the initial August move-in date. Employees have occupied a 77,000 SF building in the Capital Center Business Park since last month and have been looking to expand in the area.
Verizon area offered a good commute for employees located in Folsom, and Evergreens' proximity to Sacramento provided a solid base of skilled workers. The site also offered quick renovation to fit Verizon's tight schedule.Dennis Neeley, Clyde Rawlings and Bob O'Neill of Grubb and Ellis represented both Verizon and the landlord, The Evergreen Co. in the deal. The lease rate is confidential but rents in the area go for about $1.65 SF, monthly, full service.says the Evergreen
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