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

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.