Ethan Conrad buys retail center near downtown Rocklin Ben van der Meer Staff Writer Sacramento Business Journal A Rocklin retail property in foreclosure for nearly a year has a new owner: Ethan Conrad. The prolific commercial real estate investor said in an email that he formally acquired Sunset Plaza in Rocklin by acquiring the deed from the borrower. Enlarge Ethan Conrad has acquired Sunset Plaza in Rocklin. “The location and design of the property is good. It just has been neglected because there was more money owed on it than it is worth,” he said. “To put it into perspective,
Ben van der Meer Staff Writer Sacramento Business Journal Real estate investor Ethan Conrad bought a North Highlands shopping center, which was believed to be at risk of defaulting in a loan, for about $10 million. Conrad closed escrow Thursday on the shopping center at 7453-7517 Watt Ave. “We’re confident that we’ll significantly increase the occupancy relatively quickly because of the fact that we now have a strong supermarket in the Center, which occurred only about four months ago,” Conrad said in an email. The 121,618-square-foot center is at the corner of Watt and Antelope Road, with thousands of homes
We’re pleased to announce that we just closed escrow on a highly visible 120,000 s.f. retail shopping center located at the corner of Watt Avenue and Antelope Road and anchored by FoodMaxx! Stay tuned for pictures of the property after one of our world class remodels! Interested in leasing space? Message us on Facebook or call 916-779-1000 and we’ll put you in touch with our talented broker, Amy Hopkins!
Ben van der Meer Staff Writer Sacramento Business Journal Commercial property investor Ethan Conrad has acquired nearly 170,000 square feet of office properties in the Arden-Arcade district of Sacramento. Last week, Conrad closed escrow on four buildings at 1111 Howe Ave. and 1010 Hurley Way for about $10 million, he said in an email. “These properties are ideal for service type businesses like the ones that are in the buildings,” Conrad said, explaining why he decided to buy them. “Examples of what I’m referring to are vocational colleges, salons and other similar uses like title companies, residential real estate
We’re excited to announce that we recently closed escrow on a very nice office park located at the corner of Howe Avenue and Hurley Way. At a little less than 170,000 s.f., Howe Hurley Office Park consist of four buildings, which will undergo a light remodel under the supervision of our talented construction division. Stay tuned for pictures of the remodeled property! Interested in leasing? Please reach out to us via phone, email, or Facebook and we’ll put you in touch with our leasing agent, Grant Keeney!
Sacramento City Council approves new North Natomas shopping center BY ANITA CHABRIA firstname.lastname@example.org North Natomas is one step closer to getting a new shopping area that its developer is billing as “a little nicer” than others nearby, but which is being protested by a neighboring retail center. The Sacramento City Council on Thursday approved a plan to rezone a 12.5-acre parcel at Truxel Road and Gateway Park Boulevard from office space or an employment center and instead allow a shopping center at the infill site. But Mike Daniszewski, a representative for the nearby Promenade shopping center, said his client opposes
We just purchased Sunset Plaza, a 72,605 SF retail center in Rocklin. This center is anchored by Dollar Tree and is located on the corner of Sunset Blvd and Pacific St in Rocklin. The property will undergo a remodel in the coming months.
Our holiday party, hosted at Blue Prynt Restaurant in beautiful downtown Sacramento, was a fun-filled night of laughter, camaraderie, delicious food, and fantastic prizes. The ECP team all came together once again to celebrate a year of growth, success, and developing new and existing relationships. You can see photos from the event below. Happy New Year from Ethan Conrad Properties! We can’t wait to see what 2017 brings!
Ben van der Meer Staff Writer Sacramento Business Journal With big improvements in leasing, Ethan Conrad has refinanced the loan on a Foothill Farms shopping center to invest elsewhere. Los Angeles-based Continental Partners secured $11.9 million in refinancing for the center at 5400 Date Ave., a 152,719-square-foot property. Sleep Train and Cycle Gear are two of the more prominent tenants in the center, which is visible from nearby Interstate 80. J.M. Grimaldi, Continental Partners’ executive vice president, said when Conrad acquired the property in 2013, it was only 57 percent occupied. “What speaks to us is the way he was
One Capital Center, a six story, 124,000-square-foot office building at 3100 Zinfandel Drive in Rancho Cordova has been purchased by Sacramento-based Ethan Conrad Properties. Ethan Conrad Properties BY CATHY LOCKE email@example.com One Capital Center, one of the most prominent office buildings in Rancho Cordova, has been purchased by Sacramento-based Ethan Conrad Properties. The firm announced completion of the purchase Wednesday. The 124,000-square-foot building is located at 3100 Zinfandel Drive. Palmer Capital represented the sellers and Ethan Conrad represented himself in the transaction, according to a new release from Ethan Conrad Properties. “This is one of the nicest Class A office