Project Details

 
 

Low leverage acquisition loan to purchase the historic 272,000 +/- SF Libby Cannery on the border of Midtown and East Sacramento

Long term debt from major life company

Architectural unique mixed use product that has strong future redevelopment potential

93% occupied at time of acquisition with a variety of tenants ranging from a State data center to a local fitness club

Strong sponsorship with proven track record and experience with urban redevelopment projects

 

The Cannery