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CHARLES DUNN COMPANY AWARDED PROPERTY MANAGEMENT CONTRACT FOR MAJOR SHOPPING CENTER IN SACRAMENTO
Charles Dunn Company, a full-service California based commercial real estate firm, has assumed management of the Target-anchored Rancho Cordova Town Center totaling 165,123 SF located on Olson Drive near Highway 50 in Rancho Cordova, Calif.
Charles Dunn Company, a full-service California based commercial real estate firm, has assumed management of the Target-anchored Rancho Cordova Town Center totaling 165,123 SF located on Olson Drive near Highway 50 in Rancho Cordova, Calif.
Sacramento has become the hottest commercial investment market in California and retail is high on the list for those recognizing its potential," said Bonnie Kimbrough, regional vice president of Charles Dunns Sacramento office. The numbers pencil out favorably for syndications and REITS seeking retail. We handle almost 1.5 million square feet of our office in Sacramento and 80 percent of this figure is made up of retail centers for this very reason."
Rancho Cordova Town Center is the third retail center located in the Capitol area managed by the Charles Dunns regional offices in Sacramento. The other two properties are Norwood Shopping Center and Bradville Square. Rancho Cordova Town Center is one of nine retail projects located throughout Northern and Central California under single ownership and managed by Charles Dunn Companys Sacramento office.
Kimbrough, the past president of the Sacramento chapter of the Institute of Real Estate Management (IREM), will be responsible for over-seeing the management of this property.
Charles Dunn Company is one of the largest full service brokerage and property management firms on the West Coast. Since its founding in 1921, Charles Dunn Company has been helping thousands of companies and individuals with a full complement of real estate services. The California-based company offers comprehensive brokerage, property and asset management, corporate and construction advisory as well as financial services to tenants, owners, investors and developers. Charles Dunn Company maintains offices in downtown Los Angeles, West Los Angeles, Sacramento, San Diego, San Fernando Valley, San Francisco, Orange County and Phoenix. For more information, visit www.charlesdunn.com
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Contact:
Vanessa Amin
vamin@hoytorg.com
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