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Riverside Centre

First Nationwide Bank Relocation

Riverside Centre

First Nationwide Bank sought to reduce its corporate occupancy costs by consolidating its “back office” operations located in various locations throughout San Francisco into a co-located office campus in the Sacramento market. The space requirements for First Nationwide Bank was for a total of 350,000 sq. ft. of Class A office in five buildings situated on 25 acres. There was an opportunity to purchase a mostly vacant business park totaling 120- acres from Union Pacific Railroad and capitalize on future development opportunities.

After identifying the site, the Bank needed assistance in “packaging” the overall development program, including supporting financial justification, to obtain favorable approval from Ford Motor Company Board of Directors.

Type of Project: Mixed-use Development, primarily Office and Flex Space Development
Location: West Sacramento, CA
Services Provided:
  • Project Planning and Due Diligence
  • Investment Analysis and Budget Development
  • Site Planning
  • Project Entitlements
  • Identify and Manage Key Consultants
  • Strategic Business Negotiations
  • Project Financing
  • Corporate Approvals
  • Internal & External Presentations
  • Conceptual Marketing and Product Planning
Est. Value: $40+ Million
Timing/Status: Completed 1996