Blue Ravine

151 Blue Ravine Road, Folsom, CA

151 Blue Ravine Road was a successful Ridge Capital project. The site had a strong history of corporate tenancies but was in need of updating and several repairs. Situated on a 6.60-acre parcel in Lake Forest Tech Center – a prominent business park in Folsom, California the project was formerly occupied by Cal ISO the operator of the state’s electrical grid. The building offered infrastructure advantages, and Ridge undertook a major demolition project to open up the interior to show off the structure and high ceilings. In addition to the demolition, Ridge Capital completed several capital repairs including roof and rafter repairs, landscape work and concrete wall repairs. The building’s amenities combined with the open interior and upgrades attracted VSP a publicly traded company who purchased the building in January of 2014 at a significant profit to Blue Ravine investors.

CalSTRS Corporate Headquarters

100 Waterfront Place, West Sacramento, CA

Located at 100 Waterfront Place in West Sacramento, the CalSTRS headquarters facility is a 409,000 square foot, 13-story office tower situated on a spectacular waterfront site in West Sacramento. Developed to serve as corporate headquarters facility for one of the nation’s largest pension funds, every step of the design and development process was taken with long-term operation and ownership in mind. The building features all of the modern amenities typically found in world class buildings of this type including: extensive security systems, underfloor mechanical and electrical distribution, enhanced energy management and lighting system. Upon completion, 100 Waterfront Place received a LEED Gold NC certification. Ridge Capital Inc. personnel provided complete development management services for the project and coordinated all aspects of the entitlement, design, budgeting, scheduling, construction, and occupany for the project.

Nationwide Insurance

1561 Exposition Boulevard, Sacramento, CA

This three-story suburban office building was built on land reserved for expansion on Nationwide’s Sacramento area campus. Originally conceived as a corporate owned facility, this project became a build to suit for lease when Nationwide determined they needed a more flexible long-term real estate strategy. Ridge personnel worked closely with Nationwide to redesign the previous campus masterplan to permit a more modern and efficient facility. Although Nationwide only committed to lease 2 floors initially, they leased the third floor shortly after completion.

Highland Pointe

915 and 925 Highland Pointe Drive, Roseville

Highland Point was designed to be the premier Class A office project in Roseville’s rapidly growing Highway 65 corridor. Ridge personnel provided complete third party development management services for the entitlement, design, and construction of the project on behalf of a sophisticated private investor. The Highland Pointe project features typical design specifications demanded by Class A tenants including: 10’ finished ceiling heights, multi-story lobby feature, extensive glassline and natural light, park like landscaping. Current tenants include Rabobank, and eTrade Financial.

Kaiser Medical Office Building

10305 Promenade Parkway, Elk Grove, CA

A design-build collaboration between the developer and Kaiser Project Management, new facility doctors and staff, design team and contractor for design, construct and fit out a 2 story, 65,000 square foot medical office building including Primary Medicine, Radiology, Pharmacy, Women’s Health, Pediatrics, Lab, and newly established Sports Medicine, clinics, as well as the Healthy Living store. The project was delivered with the new Kaiser standards below the typical Kaiser budget, setting an example they are excited to repeat with other new facilities.

11031 Sun Center Drive

11031 Sun Center Drive, Rancho Cordova, CA

Located in Sacramento’s Highway 50 Corridor submarket, the 11031 Sun Center Drive office building consists of approximately 113,000 SF. When purchased by Ridge personnel in 2006, the 11031 Sun Center Drive building was in need of renovation. However, it was thought to be a fundamentally sound building with features including 5 per 1,000 SF parking, and 56,000 SF floorplates, which remain in high demand in the local market. While in escrow to purchase the property, a national insurance company tenant was secured for 100% of the building.

11093 Sun Center Drive

11093 Sun Center Drive, Rancho Cordova, CA

The Sun Center Project is situated on a 2.86 acre, corner lot parcel, located at the intersection of Sun Center Drive and Kilgore Road in Prospect Business Park – one of the most prominent business parks in the Highway 50 Corridor. The project constructed in 1984 has the benefits of both warehouse space and ample parking at 4/1000. Ridge Capital purchased the building in January of 2012 and secured a long-term tenant shortly thereafter who subsequently purchased the building.

Golden Foothills Parkway

5190 Golden Foothills Parkway, El Dorado Hills, CA

The Golden Foothill Parkway Project is a two-story office building constructed in 1984.  It is situated on a 1.9 acre, corner lot parcel at the entrance of one of the main business parks in El Dorado Hills, an affluent Sacramento suburb.

3005 Gold Canal Drive

3005 Gold Canal Drive, Rancho Cordova, CA

The Golden State Water Company facility is a 12,800 square foot office/flex building located in Rancho Cordova, CA. The building was owned by a nonprofit organization, which used the property as a regional office for many years. After relocating to a new facility, the organization decided to liquidate the asset.

In June 2011, a broker with whom Ridge had a long-standing relationship notified the Company that Golden State Water Company (“GSWC”), an A+-rated subsidiary of a publicly traded utility company, would be interested in leasing the building if it were significantly improved (with the cost of those planned improvements approximately equal to the purchase price of the building). The current owner did not have the capacity to make the required improvements. While in escrow to acquire the property, the Company negotiated a 10 year lease with GSWC including the scope of the required site and tenant improvements.

Airport Plaza

1755 Plumb Lane, Reno, NV

Airport Plaza is a two-story multi-tenant professional office building situated directly across the street from the Reno International Airport. The project offers immediate access to Interstate 395 and is in close proximity to downtown Reno. The project involved extensive upgrades to the building and building systems, re-measuring the building to BOMA standards, and the negotiation of an extension of the ground lease term to 50 years. The targeted capital improvements significantly increased the project’s efficiency and reduced operating expenses. After completing the project renovation and re-leasing significant portions of the building, the company sold the project to a syndicated investment group.

Stender Building

3001 Stender Way, Santa Clara, CA

The building is a two-story concrete tilt up R&D/Manufacturing containing 61,824 square feet which was purchased and a full rehab and repositioning was completed to take advantage of improving market conditions and the strong location of the building.  Ridge team members completed extensive work including new elevators, replacing restroom cores, cut new windows, replaced the HVAC, replaced the roof and upgraded exterior architectural treatment to add interest. 3001 Stender was sold to a green energy technology company.

Synopsis

1094 West Maude Avenue, Sunnyvale CA

With convenient access to Highways 101 and 237 and in close proximity to several key amenities including Sunnyvale Town Center and the Caltrain, this project was widely considered a highly desirable address by tenants. The asset is 100% leased to Synopsys, a market leader in semiconductor design software.