Sacramento, Calif. – Pacific Castle has more than $500 million in assets.
Sacramento, Calif. – Pacific Castle has recently acquired four properties in the Sacramento, California, area for approximately $40 million. The properties include Waterman Grove Plaza in Elk Grove, a 44,090-square-foot neighborhood center constructed in 2006 with major tenants that include Panda Express, Subway, T-Mobile and Gamestop. Willow Creek Town Center in Folsom is anchored by SaveMart and CVS, as well as IHOP, Chipotle and Anytime Fitness. The 39,737-square-foot Zinfandel in Rancho Cordova will undergo a major renovation in order to reposition the property. Strawberry Creek in Sacramento is a SuperTarget-anchored center with notable tenants such as Panda Express, Subway, UFC Gym, Starbucks and Comcast.
— Scott Reid