The Robinson-Lyden team signed three tenants to three-to-five year expansions, renewals and new space totaling 145,825 sf with an estimated aggregate rent value of $4.75 million, based on five-year leases.
Precision Trading Corp. renewed its warehouse leases of 56,800 sf and 16,700 sf and also expanded by 7,400 sf. Sunshine bouquet Inc. renewed its 21,570-sf lease and took an additional 32,355 sf. Petal Fresh Inc., a new tenant, leased 11,000 sf.
The full house at Gateway Park is welcome news to property owner CalPers of Sacramento, CA which has been competing for tenants in a tough submarket.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
