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JLL Bolsters Sacto Leasing, Management Portfolio

SACRAMENTO, CA-Jones Lang LaSalle has landed 1 million sf worth of office leasing and management work here in recent months.

By Brian K. Miller | Updated on April 05, 2005

SACRAMENTO, CA-Jones Lang LaSalle is busier here as of late. JLL senior vice president and leasing director Rick Henry has landed about 1 million sf of office leasing and management assignments in the past few months, taking JLL’s local assignments to about 3.5 million sf. The new assignments include two significant CBD buildings, two smaller buildings in the highway 50 corridor, and a mid-sized property in Point West submarket.The two CBD properties are 300 Capital, a 383,000-sf class A building, and US Bank Plaza, a 450,000-sf class A building. Henry tells GlobeSt.com JLL previously had the 300 Capital assignment but had to compete for the assignment again after Invesco took over asset management duties from Morgan Stanley earlier this year. The firm is currently marketing 29,000 sf of available space. Henry and leasing specialist Jason Goff will handle leasing of the campus and Jones Lang LaSalle’s Brenda Daigle, General Manager, will handle management. JLL won the US Bank Plaza leasing assignment from Shorenstein, which acquired the 25-story building from Grosvenor in January for about $110 million. U.S. Bank Plaza has approximately 28,000 sf of available space. Rick Henry and Jason Goff will have leasing responsibilities for the property considered one of the premier buildings in Downtown Sacramento. The three other assignments were handed to JLL by TA Associates. The smaller of the assignments are 10961 & 10971 Sun Center Dr., twin 45,000-sf buildings in Rancho Cordova that will be 100% vacant this fall when the State of California vacates the property. Henry will handle leasing of the campus and Daigle will handle management. The other TA assignment is California Plaza, a 156,000-sf office building at 2180 Harvard Blvd. in Point West submarket. The property is 95% leased. Henry will handle leasing of the campus and Daigle will handle management.

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