San Francisco, CA (August 20, 2014) –TRI Commercial/CORFAC International President Tom Martindale, SIOR, announced today that John Gallagher, CCIM, CPM and Managing Director with the firm, led the TRI team that won the 531,273-square-foot commercial property management assignment in the Sacramento suburban community of Rancho Cordova that includes 10 separate properties under one ownership group.
The property owner is Karlin Cap Center, LLC and the building addresses for the offices are: 11000, 11010, 11020, 11030, 11040, 11050, 11060, 11070, 11080, 11090 on White Rock Road, Rancho Cordova, CA.
The buildings were constructed in 1984 and 1985 and the campuses are known as Cap Center II and III. Located in the Highway 50 Corridor of the state capital area, it is the largest submarket in the metro area and comprised of approximately 14 million square feet of office inventory. The submarket is predominantly occupied by large-space office users which include back office operations for several national and regional companies.
Building Descriptions: 11000 (2-story, 53,742 sf), 11010 (2-story, 54,337 sf), 11020 (2-story, 55,100 sf), 11030 (2-story, 54,078 sf), 11040 (single-story, 39,894 sf), 11050 (single-story, 43,399 sf), 11060 (2-story, 42,876 sf), 11070 (2-story, 42,603 sf), 11080 (single-story, 71,645 sf) & 11090 (single- story, 70,589 sf). Total: 531,273 square feet.
“We’re naturally proud to have won the management assignment in a competitive environment and look forward to supporting the occupants of the building as well as the owners to achieve maximum efficiency of building operations and on-going tenant satisfaction with the space they respectively occupy,” said Gallagher.
TRI Commercial/CORFAC International manages 3.5 million square feet of commercial properties and 1,750 multifamily units in Northern California. The property management unit of the company is based in Rocklin, CA.
About TRI Commercial/CORFAC International
Founded in 1977, TRI Commercial/CORFAC International is a leading Northern California commercial real estate brokerage and property management firm specializing in San Francisco, East Bay and the Sacramento Metro property markets. The company has expertise in tenant and landlord representation services and helps clients buy and sell commercial and investment-grade property. The company serves office, retail, land, multifamily and industrial property sectors, with offices in San Francisco, Oakland, Walnut Creek, Sacramento, Roseville and Rocklin. For more information, visit www.tricommercial.com or call 415.268.2200.
About CORFAC International
CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC International is celebrating its 25th anniversary in 2014. In association with FIABCI (the International Real Estate Federation) and global affiliates, CORFAC International offers commercial real estate services with market reach in 60 countries worldwide. In recent years, CORFAC firms have averaged over 10,000 completed transactions annually totaling more than 397 million square feet worth of space and in excess of $7.1 billion. For more information on the CORFAC network, contact 703.532.6160 or visit www.corfac.com.