813 6th Street OM_LONG_FEB2019_005

C U S H M A N A N D W A K E F I E L D I N C . L I C . # 0 0 6 1 6 3 3 5

4 6 7 8 9

INVESTMENT SUMMARY

Cushman & Wakefield (“Broker”) has been retained on an exclusive basis to market the property described herein (“Property”). Broker has been authorized by the Seller of the Property (“Seller”) to prepare and distribute the enclosed information (“Material”) for the purpose of soliciting offers to purchase from interested parties. More detailed financial, title and tenant lease information may be made available upon request following the mutual execution of a letter of intent or contract to purchase between the Seller and a prospective purchaser. You are invited to review this opportunity and make an offer to purchase based upon your analysis. If your offer results in the Seller choosing to open negotiations with you, you will be asked to provide financial references. The eventual purchaser will be chosen based upon an assessment of price, terms, ability to close the transaction and such other matters as the Seller deems appropriate. The Material is intended solely for the purpose of soliciting expressions of interest from qualified investors for the acquisition of the Property. The Material is not to be copied and/or used for any other purpose or made available to any other person without the express written consent of Broker or Seller. The Material does not purport to be all- inclusive or to contain all of the information that a prospective buyer may require. The information contained in the Material has been obtained from the Seller and other sources and has not been verified by the Seller or its affiliates. The pro forma is delivered only as an accommodation and neither the Seller, Broker, nor any of their respective affiliates, agents, representatives, employees, parents, subsidiaries, members, managers, partners, shareholders, directors, or officers, makes any representation or warranty regarding such pro forma. Purchaser must make its own investigation of the Property and any existing or available financing, and must independently confirm the accuracy of the projections contained in the pro forma. Seller reserves the right, for any reason, to withdraw the Property from the market. Seller has no obligation, express or implied, to accept any offer. Further, Seller has no obligation to sell the Property unless and until the Seller executes and delivers a signed agreement of purchase and sale on terms acceptable to the Seller, in its sole discretion. By submitting an offer, a purchaser will be deemed to have acknowledged the foregoing and agreed to release Seller and Broker from any liability with respect thereto. Property walk-throughs are to be conducted by appointment only. Contact Broker for additional information.

PROPERTY SUMMARY

PROPERTY LOCATION

FINANCIAL SUMMARY

TENANT SUMMARY

10 12 15 17 19 21 22

LEASE ABSTRACT

MARKET COMPARABLES & MAP

FLOOR PLANS

SACRAMENTO CBD OFFICE MARKET

SACRAMENTO CBD DISTRICTS

THE RAILYARDS MAP

HALL OF JUSTICE TIMELINE

KEVIN PARTINGTON EXECUTIVE DIRECTOR 916.288.4807 kevin.partington@cushwake.com CA RE License #01199010

KRIS KALMBACH SENIOR ASSOCIATE 916.288.4421 kris.kalmback@cushwake.com CA RE License #01436668

BLAKE BATULA ASSOCIATE 916.288.4423 blake.batula@cushwake.com CA RE License #01948319

CUSHMAN & WAKEFIELD INC. LIC. # 00616335

$12,750,000

OFFERING PRICE

5.71%

CAP RATE

$728,064 (as of 1/1/2020)

NOI

100%

OCCUPANCY

1916/2001 & 2016

BUILT/RENOVATED

47,953/42,264

BUILDING GSF/RSF

41 stalls

ON-SITE PARKING

Judicial Council of California/ Superior Court of California

TENANTS

INVESTMENT HIGHLIGHTS » Long-term lease to State of California (Judicial Council of California) and occupied by the Sacramento Superior Court » 100% leased with significant, contractual annual rental increases » Strategic location in the heart of downtown Sacramento’s urban renaissance, adjacent to the Railyards » Substantially below market in-place rents, providing additional long-term NOI growth potential » Low purchase price per square foot relative to (i) comparable market sales, (ii) replacement costs and (iii) 2006 property sale price of $13.25M or $276 PSF » On-site parking (41 stalls), creating immediate additional revenue potential as well as a competitive advantage within the submarket (only 2 of 41 stalls being utilized)

HALL OF JUSTICE | 4

BUILDING SUMMARY » Truly elegant and architecturally significant, historic four- story office building strategically located in Downtown Sacramento » Named the Hall of Justice (“HoJ”), the property was constructed in 1916 by City of Sacramento for the Police and Health department » Landmarked and placed on National Registry of Historic Places in 1999 » HoJ underwent an extensive renovation in 2001 including new building infrastructure systems, the restoration of original design elements, and construction of a 15,200 SF contiguous contemporary glass and steel addition. » It received a 2002 Design Award from California Preservation Foundation for excellence in design, adaptive reuse and historic preservation » Exceptional quality steel, concrete and glass construction; new roof installed in 2017 » The building boasts loft-like spaces with 9-16 foot ceiling heights which combine with original building elements to provide a truly unique creative, yet historic office environment

CAPITAL EXPENDITURE IMPROVEMENTS

» Tenant Improvements: 1st – 3rd Floors - $1.4M (2016) » Lobby / Exterior Improvements: $95K (2016) » New Roof (15-year warranty): $77K (2017) » HVAC Upgrades: $44K (2017) » Tenant Improvements: 4th Floor - $100K (2019) TOTAL CAPITAL IMPROVEMENTS (2016-2019):

HALL OF JUSTICE | 5

PROPERTY SUMMARY ADDRESS 813 6th Street, Sacramento CA 95814 GSF/RSF 47,953/42,264

Four (4) with subterranean parking

STORIES

1916; Expanded and Renovated in 2001

YEAR BUILT

17,460 SF (.40 acres)

SITE AREA

006-0031-005

APN

C-3- SPD – Central Business District

ZONING

X – 500-year floodplain

FLOOD ZONE

ON-SITE PARKING 41 stalls CONSTRUCTION

Concrete & Steel Frame

Concrete

FOUNDATION

Masonry Block and Brick

WALLS

2017; Composite with tarred ends and seams. Membrane is painted with white reflective paint. Four (4) Trane cooling units on the roof. RayPak Boiler located in the mechanical room on the roof. Units manufactured in 2000.

CONSTRUCTION (NEW ROOF)

HVAC

2000 Amp 460 volt capacity

ELECTRICAL

Two passenger elevators

ELEVATOR

HALL OF JUSTICE | 6

» Strategic location in the heart of the downtown Sacramento’s urban reinassance and adjacent to the Railyards project » Located within the Downtown Sacramento core and within walking distance to the California State Capitol, the newly constructed Downtown Commons, and Golden 1 Center, home of the NBA’s Sacramento Kings » $492 million new Courthouse project scheduled for 2023 completion located directly across the street from HoJ (northwest corner lot of 6th and H Streets) » Immediate proximity to light rail recently renovated Sacramento Amtrak Station and future rail of the downtown Street Car project » Convenient access the region’s three largest freeways: Interstate 5, Highway 50, and Hwy 80 » Robust demographics with 327,350 residents living and 330,209 daytime employees working within a five-mile radius

HALL OF JUSTICE

NEW COURTHOUSE PROJECT

THE RAILYARDS

STATE CAPITOL

6th STREET

5th STREET

GOLDEN 1 CENTER

I STREET

DOWNTOWN COMMONS (DOCO)

J STREET

L STREET

CAPITOL MALL

PROJECTED CASH FLOW

2019

2020

2021

2022

2023

2024

2025 2026*

LEASABLE SF

YEAR 1

YEAR 6

TOTAL SQUARE FOOTAGE:

42,264

31,195 11,069

$2.02 / $2.09 $2.09 / $2.16 $2.16 / $2.23 $2.23 / $2.30 $2.30 / $2.37 $2.37 / $2.45 $2.45 / $2.52

$2.52 $2.62

1ST - 3RD FLOORS **

Abated

$2.41 / $2.48 $2.48 / $2.55 $2.55 / $2.62 $2.62 / $2.48 $2.48/$2.55 $2.55/$2.62

4TH FLOOR **

INCOME INCOME - 1ST-3RD FLOORS

762,718

788,922

815,125

841,329

867,533

894,673

923,684

943,338

0

321,903

331,201

340,499

342,957

331,737

341,035

348,009

INCOME - 4TH FLOOR

600

3,000

3,000

3,000

3,000

3,000

3,000

3,000

Parking Income

TOTAL INCOME

$763,318

$1,113,825

$1,149,326

$1,184,828

$1,213,490

$1,229,410

$1,267,719

$1,294,347

EXPENSES REPAIRS - ELEVATOR MAINT

9,756

9,951

10,150

10,353

10,560

10,772

10,987

11,207

1,164

1,187

1,211

1,235

1,260

1,285

1,311

1,337

FEES AND LICENSES

15,132

15,435

15,744

16,059

16,380

16,707

17,042

17,382

INSURANCE EXPENSE

57,832

58,989

60,169

61,372

62,599

63,851

65,128

66,431

JANITORIAL/CLEANING EXPENSE LANDSCAPING AND GROUNDSKEEPING

2,560

2,611

2,664

2,717

2,771

2,827

2,883

2,941

29,905

32,558

33,623

34,688

35,753

36,468

37,198

37,942

MANAGEMENT FEE

144,903

144,903

146,352

147,816

149,294

150,787

152,295

153,817

PROPERTY TAXES ***

24,420

24,908

25,406

25,915

26,433

26,962

27,501

28,051

REPAIRS AND MAINTENANCE

3,175

3,239

3,303

3,369

3,437

3,506

3,576

3,647

SECURITY EXPENSE

3,927

4,006

4,086

4,167

4,251

4,336

4,422

4,511

TELEPHONE EXPENSE

86,267

87,992

89,752

91,547

93,378

95,246

97,151

99,094

UTILITIES

TOTAL EXPENSE

$379,041

$385,779

$392,460

$399,238

$406,116

$412,747

$419,494

$426,360

NET OPERATING INCOME CAPITALIZATION RATE

$384,277

$728,046

$756,866

$785,590

$807,374 $816,663

$848,225

$867,987

5.71%

5.93% 6.16%

6.40% 6.65% 6.80%

6.33%

* Contractual lease obligation through 9/30/2026. Cash flow projected to reflect a full year of term. ** Contratual base rent increases occur October of each calendar year. *** Adjusted to reflect new sale price growing 1% beginning 2021.

HALL OF JUSTICE | 8

Civil Law and Motion and the Civil Settlement Conference Center are located in the Hall of Justice Building. The historic and civil nature of the building perfectly fit with the Court functions housed within the building.

The Civil Settlement Conference Center (Department 59) is located on the 1st Floor.

The Sacramento Superior Court began its current Civil Settlement Conference Program in 1986 with a commitment from the bench that strong efforts to settle civil cases were essential to good trial calendar management. The Court solicited Sacramento’s leading civil attorneys, asking them to sit as Pro Tem Settlement Conference Judges, pro bono. Over the years, the program has become one of the Court’s most effective forms of alternative dispute resolution, resulting in the settlement of approximately 50% of the cases that complete their conferences. Civil Law and Motion is located on the 2nd Floor. Sacramento Superior Court has two (2) courtrooms, Departments 53 and 54 that hear civil law and motion matters and which are both located on the 2nd Floor. The Civil Law and Motion Departments have a tentative ruling system where the judge renders a decision the work day before the scheduled hearing date. The tentative ruling is placed on the court’s electronic bulletin board and recorded message phone for access by the public. Parties objecting to the court’s tentative ruling may request oral argument by advising the court, opposing parties and counsel of their intent to appear at the hearing. If oral argument is not requested, the tentative ruling becomes the final ruling of the court. Various Sacramento Superior Court administrative functions are housed on the 4th floor of the building. These administrative functions provide critical support to the main courthouse located two blocks away at The Schaber Courthouse (720 9th Street).

HALL OF JUSTICE | 9

Judicial Council of California/ Sacramento Superior Court

TENANT

813 6th Street Sacramento, California

ADDRESS

42,264 RSF

PREMISES

RENT COMMENCEMENT August 1, 2016 LEASE EXPIRATION

Lease Expiration September 30, 2026*

RENEWAL OPTIONS

Two (2) five (5) year options

MONTHLY FSG RENT

YEAR

Aug.2016 - Jul.2017 Aug.2017 - Jul.2018 Aug.2018 - Jul.2019 Aug.2019 - Dec.2019 Jan.2020 - Sep.2020 Oct.2020 - Sep.2021 Oct.2021 - Sep.2022 Oct.2022 - Sep.2023 Oct.2023 - Sep.2024 Oct.2024 - Sep.2025 Oct.2025 - Sep.2026

$57,710 $60,830 $63,013 $65,197 $91,829 $94,787 $97,746 $100,704 $101,695 $103,653 $107,612

RENTAL INCREASES

$250/Month as of January 1, 2020 (2 of 41 stalls utilized)

PARKING REVENUE

*Tenant may terminate the Lease at any time after September 30, 2023 by giving written notice to the Lessor at least nine (9) months prior to the date when such termination shall become effective

HALL OF JUSTICE | 10

HALL OF JUSTICE | 11

1

2

3

4

5

Ice Blocks - 1610 R Street

Park Tower - 980 9th Street

428 J Street

1201 K Street

925 L Street

PROPERTY

Sep-18

Jan-19

Feb-19

Nov-18

Feb-17

DATE LEASED

California Medical Association

Legislative Medical Association

Spaces

ICF

Trifecta

TENANT

±34,000 RSF

±35,417 RSF

±8,130 RSF

±21,839 RSF

±74,000 RSF

SIZE (SF)

$2.95 PSF Full Service $3.00 PSF Full Service $3.10 PSF Full Service $3.00 PSF Full Service $3.02 PSF Full Service

START RENT

176 Mos.

90 Mos 6 Mos free

64 Mos

190 Mos

114 Mos

TERM

$65.00

$65.00

$60.00

$50.00

$18.00

TI'S ($/SF)

3%

2.5%

2.5%

$0.06

2%

ANNUAL ESCALATION

10 Mos.

3 Mos.

4 Mos.

10 Mos.

6 Mos.

FREE RENT

6

7

8

9

10

Senator Office Building 1121 -1123 L Street

PROPERTY

431 I Street

1200 R Street

1100 11th Street

1131 S Street

Multi-Tenant

Multi-Tenant

Multi-Tenant

State of CA

Multi-Tenant

TENANT

±24,800

±26,562

±27,000

±24,500

±180,121 SF

SF

Dec-16

Nov-18

Jan-18

Oct-16

Dec-18

SALE DATE

100%

100%

100%

100%

88%

OCCUPANCY

$7,400,000

$12,000,000

$8,000,000

$6,750,000

$46,900,000

PRICE

$298/PSF

$451/PSF

$296/PSF

$275/PSF

$260/PSF

PRICE/SF

5.16%

5.51%

4.75%

6.3%

NA

CAP RATE

1238 Sutter Street LLC

Debra Cannon Colleen Winter Ridge Capital, Inc.

Clippinger Investment Properties

Tim Le Fever

Seagate Properties

BUYER

John F. Otto, Inc

Cathedral View Llc

Select Commercial Investors

Swift Real Estate Partners

SELLER

HALL OF JUSTICE | 12

Basler St

B e r

Do

t

N C St

Dreher St

N C St

J ibboo m St

B St

Thornton Ave

Ahern St

HALL OF JUSTICE

A St

4th St

Blues Aly

7th St

2nd St

D St

Chinatown Aly

I St Brg

Eggplant Aly

11th St

Democracy Aly

20th S t

F St

C St

2

Eggplant Aly

Fat

17th St Democracy Aly D St

15th St

6

Aly Government Aly 10th St

Blues Aly

3r d St

21st St

27th S t

22nd St

Front St

Chinatown Aly

E St

Government Aly 13th St

Improv Aly

14th St

2nd St

6th St

3

9th St

Fat Aly

2

Democracy Aly

Firehouse Aly

Improv Aly 11th St

N eas

Government Aly G St

19th St

Fat Aly LEASE COMPS LOCATIONS SALE COMPS LOCATIONS Eggplant Aly F St

12th St

Jazz Aly

h am Cir

Historic Aly H St

29th St

Improv Aly

Kayak Aly K St

I St

4 85

Improv Aly

Liestal Aly

Government Aly

10

O St

Historic Aly

N St

Jazz Aly

4th St

Kayak Aly

Metr o

Capitol Park

18th St

N St

Improv Aly

Historic Aly

Ln

J St

8th St

L St

K St

Jazz Aly

Kayak Aly

3rd St

Matsui Aly

2nd St

5th St

Opera Aly

Capitol Ave

Liestal Aly

Neighbors Aly

N St

Rice Aly

Kondos Ave

12th St

9th St

Opera Aly

P St

O St

Neighbors Aly

Quill Aly

R St 10th St

Matsui Aly

25th St

Rice Aly

Powerhouse Aly

Tomato Aly

9

23rd St

30th St

L St

22nd St

7

4th St

Q St

Capitol Ave

Uptown Aly

11th St

Opera Aly 24th St

Neighbors Aly

V St

1

13th St Solons Aly 14th St

W St

6th St

Powerhouse Aly

32nd St Seville Way

Rice Aly

19th St

Uptown Aly

21st St

Tomato Aly U St

26th St

R St

S St

12th St

Rice Aly

O St

Quill Aly

T St

17th St

Uptown Aly

Victorian Aly

11th

Rice Aly

32nd St

St

R St

27th St

Alhambra Blvd

33rd St

Solons Aly

1st Ave

Broadway

HALL OF JUSTICE | 13

3rd St

34th St

Warner

V St

St o c

Cleat

W S

Q

St

Ln

HALL OF JUSTICE | 14

FIRST FLOOR | ±10,605 RSF TOTAL | ±42,264 RSF

SECOND FLOOR | ±9,910 RSF

THIRD FLOOR | ±10,680 RSF

FOURTH FLOOR | ±11,069 RSF

HALL OF JUSTICE | 15

5TH FASTEST private sector job growth rate among the top 25 US

New Arena & Entertainment District

CITY OF TREES

In the Top 25 US metro areas for

±1.4M SQUARE FOOT

US cities on both Ford’s and GE’s most electric vehicle ready cities 1 OF 6

“VERY HIGH TECH” manufacturing jobs

Sacramento is the home to 1 of the 10 best urban forests in the country

METRO AREAS

CALIFORNIA HAD THE MOST LEED

3RD FASTEST GROWING METRO AREA IN CALIFORNIA WITH projected growth of 55.4% in the next 30 years

Ranks 4th amoung UCs in research funing with a record of $750Millionin 2012 nks 4th amo st UCs in research funding with a record of $750 Million in 2012

Sacramento River Cats are the #1 most valuable minor

building space certified in 2012 among the Top Ten states and RANKS 8TH per capita in the US

Cities adopting SMART GRID TECHNOLOGY 1 OF TOP 10

league baseball team in the US

- FORBES

3RD in TOP METRO areas

SACRAMENTO RANKS 4THOF THE TOP50METROS on the Clean Edge 2012 US Metro Clean Tech Index with rankings in the top 10 in all indicator catergories

RANKED 7TH FITTEST CITY OUT OF 50 greatest metropolitan areas in the country by the American Fitness Index

for Concentration of GREEN JOBS

Sacramento is #1 city LEAST prone to natural disasters on new ranking measuring national climatic and geological data

2ND in the nation for URBAN PARK FUNDING & ACCESS

RANKS 15TH “BEST PLACES FOR NEW COLLEGE GRADS”

RANKS AS ONE OF AMERICA’S 50 most bike friendly cities

SELECTED AS AMERICA’S MOST DIVERSE CITY BY TIME MAGAZINE

HALL OF JUSTICE | 16

The Central Business District (CBD) saw strong demand throughout 2018 and led the market in net absorption recording positive 187,000 square feet. As a result, the vacancy rate fell by 80 basis points (bps) during the quarter to 7.4%. Demand has been more pronounced for high quality space as the combined class A and B vacancy rate fell 90 bps to 8.5%. Correspondingly, lease rates grew saw significant growth. Specifically, class A asking rates surpassed $3.00 per square foot per month of a full service gross basis. Similar market activity is expected for 2019 as demand remains strong and vacant space becomes more difficult to find, especially in Class A buildings and well positioned Class B buildings. There is no new product entering the market in the near term as current rents do not justify speculative construction.

Since the Golden 1 Center completed in the third quarter of 2016, sales activity in the CBD has been very strong. Since that time $760 million dollars of class A and B office have sold as there has been a significant increase in investor activity throughout the area. Increased interest combined with rapidly improving market metrics pushed building values above $300 per square foot for the first time in this economic cycle.

HALL OF JUSTICE | 17

5

CIVIC CENTER

OLD

UNITS COMPLETED

ENTERTAINMENT DISTRICT

SACRAMENTO

THE KAY

CAPITOL MALL

UNDER CONSTRUCTION

THETHEATER DISTRICT

STATE CAPITOL BUILDINGS

UNITS PLANNED

G O L D E N 1 C E N T E R

SACRAMENTO CBD DISTRICTS

HALL OF JUSTICE

OLD SACRAMENTO

HALL OF JUSTICE | 19

RALEY FIELD

CalSTRS

CAPITOL MALL

GOLDEN 1 CENTER

CLICK HERE FOR MORE INFORMATION

9TH STREET

10TH STREET

HALL OF JUSTICE

J STREET

I STREET

H STREET

Sacramento’s emerging vibrant and distinctive arts district which rests along on the State’s first railroad and industrial corridors. 15+ new restaurants Over 350 new residential units under construction or already delivered. • •

The Bridge District development encompasses 188 acres and will consist of 12.5 million sq ft. of commercial office, hotel and retail including 4,000 residential units. Sacramento’s exceeding demand for urban housing is exemplified by the Bridge District’s successful release of homes for purchase

The Railyards is a 4.3 million sq ft redevelopment on 240 acres and is the largest brownfield development in the US. The location north of Downtown will expand the urban core by creating an immense supply of residential and commercial space

The Kay, Downtown’s entertainment district, spans from the Sacramento River to the Sacramento Convention Center. DOCO is a major attraction to this already pedestrian-friendly, lively corridor. 700 Block of K Street Developement: Nearing completion - 137 apartments units and 72,000 sq ft of retail

Downtown is home to several landmarks, drawing the following number of visitors annually: Old Sacramento: 4.3 million California State Capitol: 750,000 Raley Field: 600,000 Crocker Art Museum: 286,000 $250M, 20,000 seat soccer specific stadium. Scheduled to be delivered 2020. • • • • •

HALL OF JUSTICE | 20

» The Railyards is 244 acres located immediately north of Sacramento’s Central Business District and East of the Sacramento River » Up to 10,000 residential units, 1,100 new hospitality rooms, 30 acres of parks and open space and 6 million SF of office and retail space » Future home to an 18 acre Kaiser Permanente medical complex and a new Sacramento Republic FC Major League Soccer Stadium » Immediate proximity to Sacramento’s regional transit hub the Sacramento Valley Station

4

3

6*

HALL OF JUSTICE

West Sacramento

6

7

Midtown

CITY OVERVIEW

Raley Field

1 2 3 4 5 6

1

Golden 1 Center Proposed MLS Stadium

Sacramento River

DOCO

Downtown Sacramento

2

Future Powerhouse Science Museum

Crocker Art Museum

California State Railroad Museum

(*Future Expansion)

7

Sacramento Valley Station

5

Capitol Mall

HALL OF JUSTICE | 21

T I M E L I N E

1916 The HOJ was constructed in 1916, Designed by Architects SHEA & LOFQUIST, HOJ is a shinning example of Beaux Arts Classilism/ NEO -Classilism in Sacramento. Originally constructed for the health department, an emergency hospital and bacteriological laboratory (1st floor); Police court (2nd floor); a 100 person jail; and a shooting gallery on the rooftop 1999 Due to its degree of integrity of design, and its strong sense of time and place, HOJ was added to the national registry of historic places The new four-story addition was conceived as an elegant exposed steel frame and glass structure to compliment the original massive brick and terra-cotta building. The contrast of glass expanses and steel against the older masonry clearly expresses the individuality of each structure, while the new steel beams that support the glass curtain wall continue the lines of adjacent terracotta moldings, in an appropriate reference to the historic building. Smooth steel-troweled cement plaster with large punched openings, exposed steel sections and stainless steel drips characterize the new east facade. As new and old elements confront each other, a deep recess articulates the new structure and accommodates a required seismic joint. The Hall of Justice was built in 1916 by the City of Sacramento to house a variety of City agencies including the Police Department. The Police Department headquarters remained at HoJ until 1999 when the department out grew the building and relocated to a new facility on nearby Richards Blvd. After being sold by the City in 1999, HoJ was comprehensively renovated and a 15,000 SF glass and steel wing was constructed and added to the historic structure. The modernization and expansion project of HoJ received a 2002 Design Award from the California Preservation Foundation for excellence in design, adaptive reuse and historic preservation.

2001 Property was sold at auction, with the new new owner investing significant capital to restore the property and complete 15,000 SF addition to the east side of the structure

2014 Local investors Sutter Capital Group purchase’s the property and begin renovations.

2016 Sacramento Superior Court signs lease to occupy floors 1-3, restoring the Hall of Justice back to its natural use

2019 Sacramento Superior Court finalizes lease for the balance of the project, occupying the 4th floor

HALL OF JUSTICE | 22

HALL OF JUSTICE | 23

400 CAPITOL MALL, SUITE 1800, SACRAMENTO, CA 95814 • LIC. #00616335 cushmanwakefield.com

KEVIN PARTINGTON EXECUTIVE DIRECTOR 916.288.4807 kevin.partington@cushwake.com CA RE License #01199010

KRIS KALMBACH SENIOR ASSOCIATE 916.288.4421 kris.kalmback@cushwake.com CA RE License #01436668

BLAKE BATULA ASSOCIATE 916.288.4423 blake.batula@cushwake.com CA RE License #01948319