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Arden Howe Plaza Sells for $7.65 Mil.

Howe's That For A Sale
By Jacquie Furtado
September 4, 2002 | 4:00 P.M.

RJR Thomas LLC purchased 1566-1621 Arden Howe Way in Sacramento, CA from Arden Howe Investments G.P. for a confirmed $7.65 million, $130.77 per square foot with a 9.6% cap rate. Situated on a corner location with one of the highest traffic counts in the county, the neighborhood center consists of 58,500 square feet and offers frontage on both Howe Avenue and Arden Way. At the time of the sale, only two of the 30 suites were vacant. Boyd Cahill with TRI Commercial/ ONCOR International in Roseville represented the seller. Dave Jensen with Jensen Commercial R.E. Brokers in Modesto represented the buyer. By: Jacquie Kuhn & Shawn Kelson (9/4/02)

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