Sacramento

Combined NLA 211,944 SF
Combined Carrying Value US$39.4M
Portfolio Weight 5.0%

Properties

Iron Point

1110 - 1180 Iron Point Road Folsom, California
Carrying Value US$39.4M
Committed Occupancy 99.5%
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At A Glance

The sunny state of California’s capital, Sacramento is the sixth largest city in the state and the ninth largest capital in the United States. As the seat of the California Legislature and State Governor, Sacramento’s political core is a mecca for think tanks and lobbyists. As Downtown Sacramento continues to grow as a hub for education, celebrated Sacramento Kings basketball wins and food festivals, the northeastern submarket of Folsom continues to pique the interest of finance and healthcare industry leaders.

An urban oasis just 20 minutes away via Highway 50 from Sacramento’s central business district, Folsom boasts a desirable quality of life with a strong workforce at its helm. While the Bay Area’s cost of living continues to increase, Folsom offers talent, high-end housing and life in the hills that is close to downtown and in manageable commuting distance to San Francisco. Home to Intel Corporation’s expansive campus and with limited opportunity for new developments, Folsom offers strong rent growth in a highly sought-after location.

Largest US Capital 9th 508,529 Total 2018 population estimate
Miles Northeast of San Francisco 90
Miles Northeast of Silicon Valley 120

Growth Metrics

GDP Growth Average
2013-2017(1): U.S. average 2.2%
2.6%
Employment Growth Average
2014-2018(2): U.S. average 1.8%
2.9%
Population Growth Average
2014-2018(3): U.S. average 0.7%
1.2%
  • (1) U.S. Bureau of Economic Analysis
  • (2) U.S. Bureau of Labor Statistics
  • (3) U.S. Census Bureau, Population Division

Quality of Life

Sacramento Kings Basketball Arena
Old Sacramento Waterfront District
Historic Folsom Prison
California State Capitol Museum
Sacramento Zoo
Tower Bridge
Downtown Commons