Sunday, February 9, 2025
39.3 F
Roseville

Douglas Corporate Center in Roseville Acquired

Acquisition Marks Venture’s Third Foray into Roseville Area

Roseville, Calif.- The developer Barker Pacific Group (BPG) and investment firm WHI Real Estate Partners L.P. (WHIREP) have acquired Douglas Corporate Center in Roseville, CA-the venture’s third Class-A office acquisition in the area. Totaling 213,982 square feet, the two-building complex further solidifies BPG and WHIREP’s presence in the burgeoning Roseville market. This purchase brings BPG and WHIREP’s office space ownership in Roseville to just under 600,000 square feet, making them one of largest office building owners in the area.

Located at 2901 Douglas Boulevard in Roseville’s Douglas Corridor, the complex is in a convenient and desirable location for tenants and visitors. The venture’s other Roseville projects include nearby Olympus Corporate Centre and Lava Ridge Business Park. 

“Douglas Corporate Center is another promising Roseville asset and we’re excited to begin modernizing and managing the project,” says Michael Barker, Managing Director and CEO of BPG. “The complex has an impressive list of current tenants, including New York Life Insurance, Ernst & Young LLP and Kratos Defense. We see a great opportunity to add value to this property, and we look forward to further investing in the Roseville market.” 

 No brokers were involved in the acquisition of Douglas Corporate Center-the joint venture purchased the property through auction, and secured debt financing from BBVA Compass Bank. Chris Lemmon and Zac Collie of Newmark Cornish & Carey will handle leasing for the property, continuing their relationship with Barker Pacific’s Roseville office portfolio. 

“With the acquisition of Douglas Corporate, BPG and WHIREP are proud to be one of the largest owners and operators of office space in Roseville,” says Barker. “The city has been and continues to be an attractive office market, and we’re excited to play a larger role in the future of this emerging area.” 



Brighter Side

Trending

LA-Z-Boy Home Furnishings & Décor in Roseville

Transform your living room and bedroom with La-Z-Boy's comfortable home furniture. Shop for sofas, couches, recliners, chairs, tables, mattress in a box, and more today.

Roseville Pleasant Grove Creek Trail closure for critical repairs

Roseville, Calif. - The trail crossing over Pleasant Grove Creek is closed for critical repairs between Old Coach Drive/Phillips Park and the Orchard View Road trailhead parking lot.

RG Philips Park in Roseville

RG Philips Park "This 6.5 acre park features a children’s...

Roseville welcomes US Quadball West Coast National Qualifier to Maidu Park

Roseville, Calif. - Quadball, an action-packed sport that evolved from the Harry Potter novels, will hold its only West Coast national qualifier Saturday, Feb. 8, and Sunday, Feb. 9 at Maidu Regional Park in Roseville.

The Crepe Stop in Roseville

The Crepe Stop in Roseville. Savory & Sweet. Crepes, Pancakes, Waffles, Gelato, Boba Tea.

Topics

LA-Z-Boy Home Furnishings & Décor in Roseville

Transform your living room and bedroom with La-Z-Boy's comfortable home furniture. Shop for sofas, couches, recliners, chairs, tables, mattress in a box, and more today.

Roseville Pleasant Grove Creek Trail closure for critical repairs

Roseville, Calif. - The trail crossing over Pleasant Grove Creek is closed for critical repairs between Old Coach Drive/Phillips Park and the Orchard View Road trailhead parking lot.

RG Philips Park in Roseville

RG Philips Park "This 6.5 acre park features a children’s...

Roseville welcomes US Quadball West Coast National Qualifier to Maidu Park

Roseville, Calif. - Quadball, an action-packed sport that evolved from the Harry Potter novels, will hold its only West Coast national qualifier Saturday, Feb. 8, and Sunday, Feb. 9 at Maidu Regional Park in Roseville.

The Crepe Stop in Roseville

The Crepe Stop in Roseville. Savory & Sweet. Crepes, Pancakes, Waffles, Gelato, Boba Tea.

Roseville Today Super Bowl party picks for Eagles and Chiefs game

Roseville, Calif.- This Sunday at the Superdome in New Orleans, the Philadelphia take on the Chiefs in Super Bowl 59. A super-sized rematch and unofficial national holiday of $8 million dollar commercials, food and drink and a little football.

Quarry Oaks Apartments in Rocklin

Quarry Oaks Apartments in Rocklin, Calif.

All American Sweeping Co. in Roseville

All American Sweeping's objective is to provide personalized customer service with an emphasis on professionalism, communication, responsiveness and quality at a fair price

Related Articles

Local Spotlight

Mobley Pest Services in Roseville serving the community and region for over 20 years

Roseville, Calif.- Fully licensed and bonded, Mobley Pest Services in Roseville has been providing reliable pest control services for well over 20 years. Serving residents and businesses in the greater Placer and Sacramento region, Mobley Pest Services is locally owned and operated in Roseville.

Roseville Sheet Metal serving community’s heating and air needs for over 70 years

Roseville, Calif. - At Roseville Sheet Metal, we’re proud of our years of service to the Roseville area and look forward to helping you with your air conditioning and heating needs.

Sacramento Naturopathic Medical Center emphasizes the use of prevention and natural therapeutics

Sacramento Naturopathic Medical Center is a professional primary care natural medicine committed to helping all people reach their full potential – mind, body and spirit.