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Cassandra Lichnock Of California State Teachers’ Retirement System Leases Office To The California State Auditor At 100 Waterfront Place

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LEASED

California

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Office49,111 SF
Leased 08/04/2025
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LEASED

Cassandra Lichnock Of California State Teachers’ Retirement System Leases Office To The California State Auditor At 100 Waterfront Place

100 Waterfront Place

See Similar Deals
Office49,111 SF
Leased 08/04/2025
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:49,111 SF
Transaction Type:Lease

An office asset located at 100 Waterfront Place in West Sacramento encompasses 49,111 square feet. The property is leased for a term of 132 months. The monthly rent is set at $152,000 and includes a tenant improvement allowance of $4.9 million.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $4.9 million tenant improvement allowance
  • Monthly Rent: $152,000
  • Lease Term: 132 months
  • Landlord: Cassandra Lichnock - California State Teachers’ Retirement System
  • Tenant: The California State Auditor
  • Expected Occupancy: Fall 2026

This lease represents one of the region's largest office transactions for the year, highlighting a significant engagement between the California State Teachers’ Retirement System and The California State Auditor.

Details

LEASED
IMAGE: Cassandra Lichnock DATE: 08/04/2025 ADDRESS: 100 Waterfront Place MARKET: West Sacramento ASSET TYPE: Office ~ SF: 49,111 LANDLORD: Cassandra Lichnock (@CLichnock) - California State Teachers’ Retirement System (@CalSTRS) TENANT: The California State Auditor LEASE TERM: 132-month NOTE: The California State Auditor signed a 132-month lease for 49,111 square feet at CalSTRS’ headquarters at 100 Waterfront Place in West Sacramento, marking one of the region’s largest office leases this year. The deal includes a $4.9M tenant improvement allowance and monthly rent of $152K, with occupancy expected in fall 2026. ’RetirementSystem

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Deal Type
Effective Rent (Annual)

$2,815,012.88

Total Lease Value

$28,150,128.84

Net Landlord Cash Flow$2,815,012.88