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11031 Sun Center Drive
11031 Sun Center Drive, Rancho Cordova, CA
Status: |
Completed 2012 |
Property Type: |
Office |
Project Type: |
Acquisition and Repositioning |
Size: |
113,000 square feet |
Capital Structure: |
Internally funded |
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. |