CENTRL to Open Sacramento Shared Space
- Oct 24, 2019
CENTRL Office, a coworking company, is set to open approximately 30,000 square feet of office space in Sacramento, Calif. In August, the firm purchased 1201 J St. in a partnership with Green Light Development for $7.7 million, according to Yardi Matrix data. The new location will open its doors by early 2020.
The news comes on the heels of Turner Construction Co. topping out its $520 million office tower in downtown Sacramento earlier this month.
The coworking space will be in the heart of Sacramento, near major roads, such as 15th Street and Lincoln Avenue. The 40,358-square-foot building is also located within a 2-minute walk of 12th & I station, which provides access to the city’s blue light rail line. Additionally, the location is qualified as an Opportunity Zone.
Constructed in 1960 and renovated in 2012, the three-story asset occupies less than 1 acre and features floor plates ranging between 11,476 and 12,979 square feet, as per Yardi Matrix. CENTRL will transform the space to be able to accommodate growing businesses. Characteristics of the new space will include private offices—with the ability to accommodate up to 20 people—flexible common areas, sit-stand desks, meeting rooms, phone booths and a shared rooftop deck. Additional amenities will include a Loyal Legion beer hall and Cora Coffee.