Ethan Conrad Properties Inc Acquires Three Office Properties In Rancho Cordova & Sacramento For $11.31M

Ethan Conrad, CEO of Ethan Conrad Properties Inc., has acquired three primarily vacant office properties in Natomas and Rancho Cordova for a total of $11.31 million. The properties are located at 3215 Prospect Park Drive, 10961 Sun Center Drive, and 2525 Natomas Park Drive. Spanning a combined area of 246,000 square feet, the properties have been purchased with the intention of modernization to attract tenants in the post "work-from-home" era.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $11,310,000
• Address: 3215 Prospect Park Drive, 10961 Sun Center Drive & 2525 Natomas Park Drive
• Market: Rancho Cordova & Sacramento

Ethan Conrad Properties Inc., represented by Ethan Conrad and Grant Keeney, facilitated the acquisition. With this strategic investment, Conrad aims to enhance the already established office parks and attract new tenants to the properties.