Graceada Partners Pays $12.1MM for 78,400 SQFT Office Building in Sacramento

Published at The Registry Bay Area Real Estate

Graceada Partners is pleased to announce the acquisition of 2101 Arena Boulevard in Sacramento. This two-story office building is 100 percent occupied by the State of California Department of Business Oversight as their headquarters. The property was purchased for $155 per square foot while comparable fully leased properties are selling in excess of $180 per square foot and replacement cost is over $300 per square foot.

PressGuest UserSeptember 29, 2020Sacramento, office, building, 2101 Arena Blvd.

Graceada Partners Picks Up Sacramento Office Building

Published at Commercial Property Executive

The 78,400-square-foot property is the new headquarters of the California Department of Business Oversight.

PressGuest UserSeptember 24, 2020Sacramento, office, building, 2101 Arena Blvd.

State-Leased Building in Natomas is Third Graceada Purchase

Published at Sacramento Business Journal

Escrow closed this week for Modesto-based Graceada on 2101 Arena Blvd., a two-story, 79,920-square-foot office building in Sacramento's North Natomas area. Based on a $155-per-square-foot purchase price, the sale price was about $12.4 million.