1111 Howe - Sacramento, CA

DESCRIPTION & STRATEGY:

1111 Howe is a multi-tenant office project centrally located on the Howe Avenue corridor in Sacramento between Highway 50 and Highway 80. It features six interconnected, two-story buildings totaling 103,299 rentable square feet. The project has several amenities such as conference room facilities, vending and fitness center.

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 and a creative financing structure.

ADDRESS:

1111 Howe Ave,
Sacramento, CA

PROPERTY TYPE:

Commercial

SIZE:

103,299 square feet