1010 Hurley - Sacramento, CA

DESCRIPTION & STRATEGY:

1010 Hurley Way is a 103,299 square foot, two-story multi-tenant office building centrally located on the Howe Avenue corridor in Sacramento between Highway 50 and Highway 80. The project has several amenities such as conference room facilities and a fitness center that are available to all tenants.

The project was 79% leased upon acquisition and undercapitalized. Common areas were upgraded and vacant suites were prepared for immediate occupancy in early 2007.

This underperforming asset was acquired with an institutional equity partner using a creative financing structure.

ADDRESS:

1010 Hurley Way,
Sacramento, CA

PROPERTY TYPE:

Commercial

SIZE:

63,218 square feet