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Cassandra Lichnock Of California State Teachers’ Retirement System Leases Office To The California State Auditor At 100 Waterfront Place
LEASED
California
See Similar DealsOffice49,111 SF
Leased 08/04/2025
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 DealsOffice49,111 SF
Leased 08/04/2025
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
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,815,012.88
Total Lease Value
$28,150,128.84
Net Landlord Cash Flow$2,815,012.88
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