THE
C A N N E RY
THE
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FULCRUM
THE
C A N N E RY
Section One: The Property
TH E
MODER N
AND
OF
SACR AMENTO’ S
HISTO RIC
HE A RT
C O -WO RK I NG,
EN G I NEER ING, DESI GN, A ND ME D IC A L S ECTOR S
THE CANNERY 275,363
25,186
45+
S.F. OF SPACE
RESIDENTS WITHIN 1 MILE
NEARBY AMENITIES
ONE AWESOME URBAN EXPERIENCE The Cannery is one of Sacramento’s most distinct and
nities of the very active Midtown submarket.
prominent office leasing opportunities in the City of Sac-
The Cannery offering expansive open floor plates of brick,
ramento. Encompassing an entire city block in the rapid-
concrete, and glass with possible 18 foot ceilings, sky-
ly improving Alhambra Corridor the 275,363 square-foot
lights, and within close proximity to the best restaurant
masonry two story building will attract local, regional,
and entertainment venues in the urban core. The market
and national tenants as a result of its ideal location to
is waiting to be truly exposed to Sacramento’s exciting
the freeway systems and the close proximity to the ame-
urban office opportunity.
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Section One: The Property
HISTORIC ARC HITEC TURE REIMAGINED: THE C ANNERY IS THE L ARGEST OFFIC E C AMPUS IN THE URBAN C ORE
PROPERTY FEATURES N N N N N N N N N N N
Approximately 275,363 SF total Roughly 43,000 SF available Brick exterior Masonry construction Mix of flat and saw tooth roof with skylights 700 On-site parking stalls available On-site fitness center with indoor pool (Cal Fit) On-site showers and lockers On-site bike storage available High ceiling options with exposed HVAC ADA restroom cores in place
“Our team loves seeing Fulcrum’s continued investment in the property. We are so excited to see what comes next!” Valerie Hoffman / Principal, NORR
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Section One: The Property
REM AR KABL E IN
C L ASS
FE AT U RE S
DESIGN
T HAT
A ND
B E ST
AT T RAC T S
S U PERIOR TAL ENT A ND C U LT IVAT E S A D ISTI NCT COMPANY C U LT U RE
“the cannery is the perfect canvas on which we were able to express our architecture and engineering capabilities.” Dean Albright / Manager of Operations, NORR
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Section Two: The Location
SA
N
THE C ANNERY IS A N IC O NIC C A LLI NG
NV DE
SE
O
ELE
JO
SC
ANG
N
CI
LOS
AN
SA
ER
FR
CA RD FOR SACR AME NTO
S
SEA
TTL
E
SACRAMENTO 15.3 MILLION
71,335
17,736
215+
ANNUAL REGIONAL VISITORS
DAYTIME EMPLOYEES
TOTAL DOWNTOWN RESIDENTS
BARS / RESTAURANTS
NUMBER OF EMPLOYEES WITHIN VARYING RADIUS OF THE PROPERTY:
ANNUAL CONSUMER SPENDING WITHIN A ONE MILE RADIUS OF THE PROPERTY:
182,867
C A L I F O R N I A’ S FA S T E S T- G R O W I N G M E T R O P O L I TA N A R E A
LARGEST EMPLOYMENT INDUSTRIES WITHIN 1 MILE RADIUS OF THE PROPERTY: 19% Other
Entertainment Eateries/alc.
7% Hospitality & Food
Transport
131,818
5% Healthcare & Social
Health & ed.
97,075
Sacramento is the Capitol of California, the sixth larg-
city in the United States among 100 large cities (ranking
est economy in the world. While perhaps not considered
higher than the likes of Denver, Colorado Springs, San
as sexy as many of the tourism based cities in California
Francisco, Portland, Austin, San Antonio and Seattle).
1 MILE
such as San Francisco, Los Angeles and San Diego, being
Forbes magazine ranked Sacramento as the 10th health-
*Based on data from 2012
the hub of California’s governmental structure provides
iest city in the United States versus all cities. A big part
an incredible amount of economic stability throughout
of this recognition stems from the city’s proximity to the
the region. In addition, Sacramento is being increasingly
American River. Hiking trails and white water rafting
recognized as an outdoor enthusiast’s dream city with its
abound along the American River as well as one of Sac-
remarkably central location and bicycle / running trails
ramento’s crown jewels - the 32 mile American River Bike
near the river.
4% Information
Household 2
3
17% Science & Tech. 0
20
40
60
80
*Numbers in millions
48% Public Admin. & Sales
SACRAMENTO REGION ANNUAL SALARY BREAKDOWN:
SACRAMENTO’S CITY RANKINGS
Over $100,000 - 17% $75,000 - $100,000 - 11%
#1 Happiest workers in midsized cities
#10 Best cities for women in the workforce
#2 Top 10 most fun, affordable U.S. cities
#10 Best cities for coffee snobs
Trail - which runs entirely along the river from Beals Point
#4 U.S metro clean tech index
#10 Least stressed-out cities
In a recent study completed by WalletHub for National Nu-
State Park to Discovery Park where it conjoins with the
#4 Best cities for nerds
#14 America’s coolest cities
trition Month, Sacramento was ranked the 5th healthiest
Sacramento River and Old Sacramento on the riverfront.
#5 Hot startup cities
#16 Best cities for millennials
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$60,000 - $75,000 - 10% $40,000 - $60,000 - 18%
$30,000 - $40,000 - 12% Under $30,000 - 32%
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Section Two: The Location
THIS CITY ROCKS Sacramento is the country’s farm to fork capital, has world class coffee, and sports a huge river parkway perfect for running, riding, and hiking. The city is a short drive from Lake Tahoe, the Napa Valley, and San Francisco.
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Section Two: The Location
INK EATS PARAGARY’S STARBUCKS JIMBOYS TACOS P S TR
SAC FOOD CO-OP TEMPLE COFFEE REVOLUTION WINES PUSHKINS BAKERY
EE
T
BIBA’S
SAFEWAY LA FIESTA TAQUERIA MAYFLOWER CHINESE CAFE MOROCCO
SUZIE BURGER LOU’S SUSHI KRU JAPANESE OBO’
STARBUCKS
LIGHT RAIL STOP
HAWKS JAMBA JUICE
A LH A
TRADEWINDS CAFE
MBR A
CAFE CAPRICIO 33RD ST BISTRO
550 STEPS
B LV D
THE CANNERY
300 STEPS
LI
BL
VD
CORIANDER VIET.
800 STEPS
H
ON
G IL LI
OC
A N
ST
R
KT
T
SACYARD TAPHOUSE
E
CANON
AERIAL VIEW DO ZENS OF FOOD, DRINK, FITNESS, E NTE RTAINMENT, O PTIONS
AND
SURROUND
TRANSPORT
THE
C ANNERY
AN D ARE ONLY A SHORT WALK AWAY
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Section Two: The Location
MCKINLEY PARK CAPITOL PARK
SUTTER’S FORT
FREMONT PARK
NEARBY AMENITIES
MIDTOWN
CA
PIT
OL
P WINN PARK
EAST SAC
Situated in Midtown near two major freeways and a Light Rail stop, tenants of The Cannery enjoys easy acess to every corner of the city.
THE CANNERY
FO
HA
MB
RA
OM
AL
Tank House BBQ Tapa the World Tea Cup Cafe Temple Coffee Thai Basil Thai Canteen The Bread Store The Golden Bear The Mill Coffee House The Porch The Press The Rind The Waterboy Tres Hermanas Uncle Vito’s Pizza University of Beer Waffle Square Country Kitchen Yogurt a GoGo Zelda’s Pizza Zocalo
ON
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Orchid Thai Pachhamama Coffee Coop Paesano’s Paragary’s Pizzeria Urbano Press Bistro Pronto Pizza Pushkin’s Bakery Q Street Bar & Grill R15 Red Rabbit Rick’s Dessert Diner Roxie Deli and Barbeque Sakamoto See’s Candies Shady Lady Shoki Ramen House Skool Squeeze Inn Sun & Soil Juice
KT
Iron Horse Tavern Jack’s Urabn Eats Karma Brew Kru Japanese Bombay Bar & Grill Kupros Craft House Lowbrau Lucca Luna’s Cafe & Juice Bar Magpie Cafe Mango’s/Burgertown Make Fish Mas Taco Mercantile Saloon Mikuni Sushi Mulvaney’s B&L N Street Cafe Nekter Nishiki Sushi Old Soul Coffee
OC
Centro Cocina Mexicana Chipotle Cornerstone Crepeville Der Biergarten Eatuscany Cafe Elixir Bar & Grill Faces Federalist Public House Fieldwork Brewing Co. FishFace Poke Bar Fit Eats Fox & Goose Public House Ginger Elizabeth Chocolates Grange Highwater Hot Italian I Love Teriyaki Identity Coffee Insight Coffee
LS
ST
58 Degrees & Holding Co. Ace of Spades Aioli Bodega Espanola Amaro Italion Bistro & Bar Art of Toys Azul Mexican Badlands Bar West Bawk Fried Chicken Bento Box BevMo Block Butcher Bar Bottle and Barlow Broderick Midtown Buckhorn Grill Burgers and Brew Cafe Bernardo Café Bernardo’s Camerlia Coffee Roasters Cantina Alley
3 4 TH
POPULAR RESTAURANTS NEAR THE CANNERY (NOT ALL ARE MENTIONED HERE):
CURTIS PARK OAK PARK
SOUTHSIDE PARK
TAHOE PARK UC DAVIS MED CENTER
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Section Three: The Experience
“As a designer I’m really affected by the environment I work in. The space itself is so beautiful–filled with art, natural light and historical architectural details that I love.” Rebecca Plumb / Owner, Studio Plumb
WORKING HERE SEVERAL
PLENTY
COUNTLESS
COOL MURALS NEARBY
OF GREAT LUNCH SPOTS IN THE AREA
NEW FRIENDS TO BE MADE
A PLACE YOUR EMPLOYEES WILL BRAG ABOUT WORKING AT The Cannery “Experience” is an integration of the cultur-
Sacramento’s blue collar history now redefined as North-
al and and aesthetic strengths that made Midtown and
ern California’s mostdesirable artist community along
East Sac desirable. In Midtown you
with some of its best eateries and nightclubs. East Sac-
have walkable, tree lined streets filled with unique,
ramento provides an array of eateries with charming,
eclectic, locally owned retail shops infused with
green suburbs iconic for their old craftsman-style cozi-
an endless array of deli’s, cafés, watering holes,
ness. The Cannery is perfectly situated between these
CO M ING
and restaurants. This raw, authentic district embodies
two environments.
J O IN ING A C OMMUNITY OF FORWARD-
TO
THE
C ANNERY
ME ANS
THINKING PROFESSIONALS
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Section Three: The Experience
LIVE WORK PLAY Walk out the front door of your space to enjoy an espresso at temple, a spin class at Cal Fit, or endless food options including the Sacramento Co-Op, Obo, Kru, and the Sacyard Taphouse.
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Section Four: The Layout
FLOOR PLANS 7
1,000-7,800
UNLIMITED
AVAILABLE SPACES
S.F. AVAILABLE
POSSIBILITES
OPEN SPACES PROVIDE TENANTS WITH A BLANK CANVAS
SECOND FLOOR:
CANNERY SITE PLAN:
SF 13,200 an Hive* 7,930 Inc. 12,032 7,484 6,626 RR* 2,418 6,199 2,424 1,678 m-Cancer Reg 12,914 3,019 onmental, LLC 5,184 26,615 m (phase 2) 48,608 8,660 m (phase 1) 34,583 1,182 Fitness 30,418 6,307 2,535 2,922 763
1601-210
nt
2nd Floor 1601-200
1631-J
1631-200 1631-100
1601
1631-130
1st Floor
1631-120 1601-100
1631
1601-110 1631-100 1631-140
FIRST FLOOR:
1631-130
1651-100 1651-110/200 165
1-1
Parking
1675 B 1675- E
1667
1675 G 1675 F
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1671 20
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Section Three: Parking & Transport
PARKING GETTING HERE& TRANSPORT 4
2
703
MAJOR FREEWAYS
LIGHT RAIL STOPS
PARKING STALLS
FRET OVER PARKING IN THE URBAN CORE NO MORE With four major freeway routes immediately accessible
And, with the Midtown, East sacramento, Curtis Park,
and hundreds of on-site parking spots, The Cannery
Oak Park, and Tahoe park neighborhoods flanking all
sidesteps a common woe of businesses located in the
sides, it’s reasonable to assume that many workers will
“Being here gives me the chance to work in a
Urban Core. The two light rail stops nearby enable em-
live close by and walk or bike to the office (making good
high-end, professional workspace at an
ployees to commute from afar without the hassle of a car.
use of those new bike racks!)
approachable price point.” Quynh Yamamoto / Associate at Urban Hive
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Section Five: Parking & Transport
WALK BIKE DRIVE RIDE
P ST R E E T 30 STALLS
A LH A M B R A B LV D
ST
PARKING
CK
TO
N
BL
V
D
BIKE PARKING
PARKING
LIGHT RAIL STOP LI G H T R A I L LI N E
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O
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Section Six: Leasing Timeline
PICTUR ED: THE UR BA N HIV E ’ S SPAC E BEFO R E AND AFTER
LEASING TIMELINE A VISUALIZATION OF THE LEASING PROCESS AHEAD
LEASING TIMELINE: DEVELOP SPACE NEEDS - 2 WEEKS
NEGOTIATE TERMS OF LEASE - 4 WEEKS
CREATE AND REFINE SPACE PLAN - 2 WEEKS
APPROVE CONSTRUCTION DRAWINGS - 2 WEEKS
EXECUTE LEASE DOCUMENT - 4 WEEKS 26
CONSTRUCTION - 12 WEEKS
FURNITURE, FIXTURES, TECHNOLOGY AND MOVE-IN - 2 WEEKS
2409 L STREET, STE 200 SACRAMENTO, CA 95816 916.573.3300
TURTONCOM.COM
© 2018 The information contained in the Offering memorandum is confidential and is not to be used for any other purpose or made available to other persons without the express written consent of Turton Commercial Real Estate (“TCRE”), Ken Turton or Fulcrum Property (the “Owner”). The material contained herein is based upon information supplied by owner in coordination with information provided by TCRE from sources it deems reasonably reliable. Summaries of documents are not intended to be comprehensive or all-inclusive but rather a general outline of the provisions contained herein and subject to more diligent investigation on the part of the prospective purchaser. No warranty, expressed or implied, is made by owner, TCRE or any other respective affiliates, as to the accuracy or completeness of the information contained herein or any other written or aral communication provided to a prospective purchaser in the course of its evaluation of the Property. No legal liability is assumed or to be applied in connection with the information or such other communication. Without limiting the general nature of the foregoing, the information shall not be deemed a representation of the state of affairs of the Property or constitute an indication that there has been no change in the business affairs, specific finances or specific condition of the Property since the date of preparation of the information. Prospective purchaser shall make their own projections and conclusions without reliance upon the materials contained herein and conduct their own independent due diligence, inspection and review of the Property, including but not limited to engineering and environmental inspections, to determine the condition of the Property and the existence of any potential hazardous material located at the site.
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