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Delta Dental Consolidates

Sacramento-Based Health Plan Moves to Single Site
By Suzanne O'Neill
September 28, 1998 | 4:00 AM

Stephen F. Valenziano of Jones Lang Wootton has completed a ten-year, build-to-suit lease at Evergreen Zinfandel at Capital Center in Rancho Cordova. The transaction was valued at over $45 million. Tenant Delta Dental Plan will eventually occupy all three buildings in the new complex for a total of 230,000 square feet. "This deal allows Delta Dental to consolidate its four separate Sacramento operations into one location and to accommodate its future growth needs," said Valenziano. Clyde Rawlings and Dennis Neeley of Grubb & Ellis represented landlord Evergreen Zinfandel. Delta Dental will take occupancy of the first building when it is completed in December. The remaining two properties are expected to be complete by January 2000. By: Suzanne O'Neill (9/29/1998)

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