February 10, 2017 Comments Off on JV Claims Another Olympus Office Trophy Views: 403 Bay Area, California News

JV Claims Another Olympus Office Trophy

A joint venture between Barker Pacific Group and WHI Real Estate Partners acquired its second project in Roseville, CA’s Olympus Corporate Center. The $33.9-million transaction involves four multi-tenant office buildings totaling 195,665 square feet.

Located at 3001, 3005, 3009, and 3013 Douglas Blvd., Olympus Corporate Center consists of four two- and three-story buildings in Roseville’s highly desirable Douglas Corridor. The campus includes amenities such as an on-site fitness center and conference room.

The property boasts a mix of tenants, including Direct Technology, Granite Bay Development, KB Home, Gallelli Real Estate, Orange Hook, and UBS.

The deal was brokered by Palmer Capital. Newmark Cornish & Carey’s Chris Lemmon and Zac Collie are handling the leasing.

Last year, the Barker-WHI JV acquired the 182,302-square-foot Lava Ridge Business Center in Roseville for $27.6 million.

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