By Inman News, Friday, February 24, 2006.
Grubb & Ellis/BRE Commercial announced the sale of the Creekside Oaks Office Complex in Sacramento, Calif., which sold for $27 million.
The three-building, 178,000-square-foot complex, located at 1740-1760 Creekside Oaks Drive, was approximately 69 percent leased at closing to 15 tenants, including Informatix, Medstat Group, MCI Telecommunications and Honeywell International.
Located in northwest Sacramento, the project is in the South Natomas submarket near amenities that include several hotels, restaurants, an extensive park system and the Natomas Racquet Club. more...