X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ROSEVILLE, CA-Shea Properties is set to begin site grading for its first office development in the Sacramento area, a 600,000-sf, 10-building class A office development adjacent the local Galleria at Roseville mall.

Fronting Highway 65, Shea Center Roseville is planned as a 36.5-acre campus-style workplace of two- and three-story buildings ranging in size from 50,000 sf to 90,000 sf. The first phase of development will be a two-story, 55,000-sf building slated for shell completion at the end of 2003. The timing of successive phases will move forward based on market demand.

Shea Properties SVP of Northern California operations Bob Burke says a lack of available office space relative to demand and an increasingly tightening land supply are driving office development in the city’s market. Burke adds that Shea Center Roseville is the only project in the area’s current development pipeline that is capable of accommodating a large corporate space user requiring more than 100,000 sf. Moreover, Burke says that since it is being developed in multiple phases it offers firms an expansion opportunity as they grow and need more space.

As the acreage is built out, onsite amenities will include a conference facility, an exercise room with showers, outside perimeter walking paths and outdoor gathering areas for dining or small meetings. RMW Architecture is the architect for Shea Center Roseville. L.E. Wentz Co. is the general contractor. The leasing assignment is in the hands of CB Richard Ellis SVP Kevin Sheehan and brokers Bill Swettenham and Bryan McKrell.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.