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International Drive
10811 INTERNATIONAL DRIVE, RANCHO CORDOVA, CA
Status: |
Completed Portfolio Investment |
Property Type: |
Office Building |
Project Type: |
Acquisition and Repositioning |
Size: |
55,192 square feet |
Capital Structure: |
Ridge Opportunity Fund III, L.P., Private equity – internally managed discretionary fund |
Ridge Capital, Inc. purchased this project, located in well-known Prospect Park, and completed repairs and upgrades including repainting the building exterior and completing ADA improvements in the parking areas. The ensuing marketing and leasing program resulted in a lease to a publicly traded company and the project was subsequently sold to an investor creating attractive returns to the Fund. |