Albanese Cormier Holdings expands their footprint in California

Elk Grove, CA – Albanese Cormier Holdings (ACH) is pleased to announce the purchase of Elk Grove Plaza in Elk Grove, California. This marks their second acquisition in California as ACH continues to expand their footprint nationwide. Shaun Morrow, Senior Director at Cushman Wakefield, represented the seller in the transaction.

The property is an attractive, 95% leased, nine-tenant retail center located in Elk Grove, CA, a rapidly expanding suburb of Sacramento. The property consists of +/- 36,152 square feet of retail space situated on five parcels of land totaling approximately 3.6 acres.

Elk Grove Plaza is conveniently located at the intersection of Elk Grove Blvd and Williamson Dr. in the heart of Elk Grove’s retail corridor.  This area benefits from robust traffic counts and provides easy access to Downtown Sacramento via Highway 99.

The center is anchored by Smart & Final grocery store and boasts other strong national tenants such as Harbor Freight Tools, Lumber Liquidators, Baskin Robbins, and Round Table Pizza.

Albanese Cormier Holdings focuses on growing their portfolio through a rigorous acquisitions process developed and implemented by their Asset Management team.

For more information, or to present potential investment opportunities to ACH, please contact the Acquisitions Manager, Matthew Cook, CFP. He can be reached in his office at (409) 554-4839 or via email at
mcook@ach-us.com.

Albanese Cormier Holdings

Albanese Cormier Holdings is a national commercial real estate investment company based in Beaumont, Texas currently holding over 6 million square feet of 88 strategically placed assets throughout 24 states. For more information about our company or any other property within the ACH portfolio, please visit www.ach-us.com or contact the main office at (409) 892-0200.