Brian Jacks
As reported in a recent article by the Sacramento Business Journal, “a new Brookings Institution study ranked 20 U.S. metro areas by the number of patents per million residents from 2007 through 2011. All, including Sacramento, are home to major research universities.” Clearly, UC Davis has been a major contributing factor to the Sacramento region’s success in this area. While Sacramento barely made the cut at #20 on the list, it proves the region is certainly in the game and ripe for an ever-increasing market share of patents. No surprise to anyone, our nearest competition, San Jose and San Francisco, ranked #1 and #3 with 1,988 and 555 patents, respectively. However, when totaling the patents for all three Northern California cities, it represents over 34% of all patents nationwide.
Our RVP, Brian Jacks, of East West Commercial Sacramento writes, “One of our leasing partners, Ken Giannotti of McClellan Park, was featured in the Sacramento Business Journal for renewed leasing progress on the site of the former air force base. Glad we could help contribute with a 72,000 sf lease for Jackson Sports Academy last year… with expansion to come in 2013.” Check out the article in the Sacramento Business Journal by clicking here.
About Brian Jacks
Brian Jacks is a Sacramento commercial real estate broker (since 1996) specializing in commercial leasing and investment sale transactions for retail, shopping centers, multifamily, apartments, senior housing, office, industrial, mixed-use, and special purpose properties. Having spent over 20 years with Wells Fargo, he personally facilitated the underwriting, approval and funding of almost 250 commercial loans totaling over $1 billion in proceeds.
Jacks is a Regional Vice President for EAST WEST Commercial Real Estate, a full service commercial real estate brokerage advisor based in Orange County. In addition to serving the Sacramento marketplace, he is also responsible for the company’s current expansion into the San Francisco Bay Area.
For more information, contact:
Brian.Jacks@EastWestCommercial.com
Cell (916) 837-3456 | eFax (916) 313-3778
915 L Street, Suite C440, Sacramento, CA 95814
About EAST WEST Commercial Real Estate
EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California and Arizona. The firm is headquartered in Orange County, CA. Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino and Phoenix. Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.
McClellan Park recognizes Brian Jacks of East West Commercial Real Estate in the December 21, 2012 issue of Sacramento Business Journal for signing a 10 year lease for 72,021 sf with Jackson Sports Academy. Click here for the press release.
East West Commercial Real Estate is pleased to announce its successful relocation of Jackson Sports Academy (JSA) to McClellan Park in Sacramento County. Effective December 1, 2012, JSA is taking over 72,000 square feet of primarily warehouse space, which represents only a small portion of the 10 million square feet of commercial real estate that comprises McClellan Park.
Click Here to Continue Reading!
Article contributed by Brian Jacks
Brian Jacks is a Sacramento commercial real estate broker (since 1996) specializing in commercial leasing and investment sale transactions for retail, shopping centers, multifamily, apartments, senior housing, office, industrial, mixed-use, and special purpose properties. Having spent over 20 years with Wells Fargo, he personally facilitated the underwriting, approval and funding of almost 250 commercial loans totaling over $1 billion in proceeds.
Jacks is a Regional Vice President for EAST WEST Commercial Real Estate, a full service commercial real estate brokerage advisor based in Orange County. In addition to serving the Sacramento marketplace, he is also responsible for the company’s current expansion into the San Francisco Bay Area. For more information, contact:
Brian.Jacks@EastWestCommercial.com
Cell (916) 837-3456 | eFax (916) 313-3778
915 L Street, Suite C440, Sacramento, CA 95814
About EAST WEST Commercial Real Estate
EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California and Arizona. The firm is headquartered in Orange County, CA. Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino and Phoenix. Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.
East West Commercial Real Estate’s Regional Vice President, Brian Jacks, is mentioned in today’s print edition of the Sacramento Business Journal regarding standoff between Walmart, Sacramento County officials and owner of the South Sacramento shopping center vacated by Walmart in 2009. Click Here to Continue!
Article contributed by Brian Jacks
Brian Jacks is a Sacramento commercial real estate broker (since 1996) specializing in commercial leasing and investment sale transactions for retail, shopping centers, multifamily, apartments, senior housing, office, industrial, mixed-use, and special purpose properties. Having spent over 20 years with Wells Fargo, he personally facilitated the underwriting, approval and funding of almost 250 loans totaling over $1 billion in loan proceeds.
Jacks is a Regional Vice President for EAST WEST Commercial Real Estate, a full service commercial real estate brokerage advisor based in Orange County. In addition to serving the Sacramento marketplace, he is also responsible for the company’s current expansion into the San Francisco Bay Area. For more information, contact:
Brian.Jacks@EastWestCommercial.com
Cell (916) 837-3456 | eFax (916) 313-3778
915 L Street, Suite C440, Sacramento, CA 95814
About EAST WEST Commercial Real Estate
EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California and Arizona. The firm is headquartered in Orange County, CA. Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino and Phoenix. Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.
Mixed-use Commercial / Apartment Building (1 Block from UCD Campus)
Click here for property brochure
Asking Rent – $1.50 to $1.75 psf (Modified Gross)
Commercial Space: 1,750 sq.ft. (first floor) / 1,825 sq. ft. (basement)
Lot Size: 0.14 acres
Addresses: 231 3rd Street, Davis, CA 95616
For More Information, contact Brian Jacks at (916) 837-3456 or Brian.Jacks@EastWestCommercial.com
www.Sacramento-Commercial-RealEstate.com
EAST WEST Commercial Real Estate is pleased to announce its facilitation of a 10-year commercial lease between Cornerstone Christian School (formerly of Roseville, CA) and Liberty Towers Church of the Nazarene, located at 5132 Elkhorn Blvd in the unincorporated area of Sacramento County.
Commencing Fall 2012, Liberty Towers will once again host a pre-school and K-12 educational facility dedicated to teaching children in a Christian environment. It was only three years ago that Liberty Towers shuttered operations for its school, succumbing to the pressures of a failing economy. According to Terry Schneider, recently installed Lead Pastor of Liberty Towers, “it was very sad for our long standing church members to witness the school close after having successfully operated for over three decades.”
Just a few miles east (along Interstate 80) at 143 Clinton Ave in Roseville, Cornerstone Christian School has been operating continuously in a facility owned by The Rock of Roseville for the past 20 years. Headmaster Richard Batista has expressed appreciation to Pastor Francis Anfuso for allowing the school’s use of the Rock’s former church property all these years. But “with current enrollment, there is simply no more room to grow”, lamented Batista. “We are having to turn students away due to lack of space.”
“A new chapter is now being written for both of these great institutions, one that involves a mutual and beneficial co-existence in the Foothill Farms community of North Sacramento”, said Brian Jacks, Regional Vice President of EAST WEST Commercial Real Estate, who facilitated the coming together of both parties. “It’s really a win-win for everybody.” Cornerstone now has full access to an extensive facility with spacious classrooms, multiple playgrounds, renovated auditorium and large gymnasium, while Liberty Towers enjoys a tenant that fulfills one of its core missions to provide a Christian education for the community.
During a recent walk through of the campus, Cornerstone parents were impressed at the magnitude of facilities being made available to their school. Many asked about the vacant land comprising just over 6 acres located immediately adjacent to the church. This property was formerly owned by Liberty Towers and improved with baseball and soccer fields for its once thriving school.
In 2005, Liberty Towers sold the land to a multifamily developer for more than $3.5 million at the peak of the market and was able to pay off a significant mortgage for its gymnasium, creating a debt free campus. Following a foreclosure and subsequent legal proceedings, the land recently became available through a court ordered sale. EAST WEST Commercial Real Estate represented Liberty Towers for the successful re-purchase of this land. Escrow closed this week with a purchase price of only $675,000, less than 20% of Liberty Tower’s selling price seven years ago. Guy Spitzer of Cornish & Carey Commercial represented the court receiver.
Liberty Towers once again controls its destiny for the full block bordered by Elkhorn, Andrea and Hillsdale Boulevards and is excited about future ministry opportunities. “Our goal is to welcome the community with open arms onto our campus”, said Schneider, who operates a boys / girls basketball and cheerleading league called Upward, which hosted nearly 350 participants earler this year. “We are currently partnering with various local organizations and sports leagues to propose re-development of the land out back for expansion of our community sports program and hope to add Upward Football this Fall.”
EAST WEST Commercial Real Estate is certainly pleased to partner with Liberty Towers to bring revitalization to this North Sacramento neighborhood. The future is most definitely bright for this community.
About Brian Jacks
Brian Jacks is a Sacramento commercial real estate broker (since 1996) specializing in commercial leasing and investment sale transactions for retail, shopping centers, multifamily, apartments, senior housing, office, industrial, mixed-use, and special purpose properties. Having spent over 20 years with Wells Fargo, he personally facilitated the underwriting, approval and funding of approximately 250 loans totaling over $1 billion in loan proceeds.
Jacks is a Regional Vice President for EAST WEST Commercial Real Estate, a full service commercial real estate brokerage advisor based in Orange County. In addition to serving the Sacramento marketplace, he is also responsible for the company’s current expansion into the San Francisco Bay Area.
For more information, contact Brian Jacks at:
(916) 837-3456 | Brian.Jacks@EastWestCommercial.com
http://www.Sacramento-Commercial-RealEstate.com
http://www.Twitter.com/SacCommercialRE
http://www.Facebook.com/SacCommercialRE
http://www.GPlus.to/SacCommercialRE
http://www.LinkedIn.com/In/Bjacks
Regional Vice President, Brian Jacks, is featured today on the front page of the Sacramento Press:
“Empty restaurant buildings continue to sit idle throughout much of the greater Sacramento area. Not so for the old Jolly Burger located at 7150 Auburn Blvd in Citrus Heights. A new operator will open the local burger stand with the same name on Friday, September 28, 2012.” Click Here to continue reading.
Article contributed by Brian Jacks
Brian Jacks is a Sacramento commercial real estate broker (since 1996) specializing in commercial leasing and investment sale transactions for retail, shopping centers, multifamily, apartments, senior housing, office, industrial, mixed-use, and special purpose properties. Having spent over 20 years with Wells Fargo, he personally facilitated the underwriting, approval and funding of almost 250 loans totaling over $1 billion in loan proceeds.
Jacks is a Regional Vice President for EAST WEST Commercial Real Estate, a full service commercial real estate brokerage advisor based in Orange County. In addition to serving the Sacramento marketplace, he is also responsible for the company’s current expansion into the San Francisco Bay Area. For more information, contact:
Brian.Jacks@EastWestCommercial.com
Cell (916) 837-3456 | eFax (916) 313-3778
915 L Street, Suite C440, Sacramento, CA 95814
About EAST WEST Commercial Real Estate
EAST WEST Commercial Real Estate is a full service commercial real estate brokerage advisor specializing in investment sales, commercial leasing and finance for retail, office, industrial multifamily, senior housing, self-storage, mixed-use and special purpose properties throughout California and Arizona. The firm is headquartered in Orange County, CA. Brokerage offices include Sacramento, San Francisco, Walnut Creek, San Jose, Oakland, Los Angeles, San Diego, Orange County, Riverside, San Bernardino and Phoenix. Other services include bank REOs, 1031 exchanges, nationwide commercial Business Opinions of Value (BOV’s) and Broker Price Opinions (BPO’s), mortgage brokerage, lender services, and asset management.
Regional Vice President, Brian Jacks, discusses South Sacramento’s commercial real estate is attracting new retail tenants:
“The last few years of economic distress has clearly taken its toll on the Sacramento commercial real estate market. One prime example involves the 2009 closing of a 130,000 square foot Wal-Mart facility in Southgate Plaza, located on the southeast corner of Florin Road & Franklin Blvd in South Sacramento.” Click Here to Read More!
East West Commercial’s Regional Vice President, Brian Jacks, is featured in the Sacramento Business Journal for the recent lease of Hacker Lab. Mark Anderson of the Sacramento Business Journal writes,” Gina Lujan took a big leap of faith Monday, agreeing to move Hacker Lab in September from its 850-square-foot office to a 10,480-square-foot building in downtown Sacramento. Hacker Lab rents desk space and office space to startups ranging from software developers to web designers. The collective shares some equipment and some of the tenants mutually support others with equipment and expertise.” Click Here to continue reading!