July 8, 2020
San Francisco-based Dignity Health acquired 28 acres at PCCP’s Folsom Ranch Corporate Center in the Sacramento region for an undisclosed amount. The health system intends to build a medical office building as phase one of a longer-term plan to develop a comprehensive medical campus.
This transaction kicks off the Folsom Ranch Corporate Center, a 240-acre land development for mixed-use commercial space. Construction on the medical office building is expected to begin in 2022.
NKF’s Garth Hogan, along with Todd Eschelman, Joe Hamilton and Craig Brinitzer, who are the exclusive listing brokers on the Folsom Ranch Corporate Campus project, represented the owner and seller of the site.
The corporate center site is a part of the larger Folsom Ranch project and is comprised of four large parcels that run from Prairie City Road to East Bidwell along Highway 50, 20 miles east of Sacramento.
For comments, questions or concerns, please contact Dennis Kaiser