Basin Street News

Moving Corporate Headquarters to 40,000 Square Feet at 8050 Cal Center

dsc_0065_low-resSacramento, CA (date October 6, 2016)Basin Street Properties, a prominent Northern California real estate investor and developer, has signed a lease for 38,896 square feet with InterWest Insurance Services at 8950 California Center.  InterWest Insurance is one of Northern California’s largest and most innovative insurance providers and was recently recognized as one of 35 Elite Agencies in the United States for 2015 by Insurance Business America. “Cal Center is an ideal location for InterWest’s corporate headquarters,’’ said Scott Stranzl, Vice President of Leasing for Basin Street Properties. “The project allows them to strategically grow in an excellent location with great nearby amenities.”

The layout of their new headquarters will facilitate greater collaboration and allow for additional growth.  “We have outgrown our current location,” said Keith Schuler, President of InterWest. “Our new space will provide a modern, collaborative environment for us to grow technologically and staff wise for years to come.”   With 120 employees in Sacramento and over 280 employees across Northern California, InterWest continues to selectively build their business with 8 office locations in the region.

Considerable thought and research went into selecting the new location.  “Two key factors made Cal Center the right choice for InterWest,” said Schuler.  “First the location is near our existing offices, providing optimal commutes for our staff and easy access to Highway 50.  Second, we needed a modern space and a landlord that was willing to partner with us to create corporate headquarters that align with our goals and vision.”  Basin Street has worked with InterWest to deliver a layout and design that matches their identity and goals.

Office features include an interior stairwell connecting two floors, video conferencing across office locations, natural lighting and a contemporary office layout promoting connectivity and collaboration.  These improvements align with recent property-wide upgrades to lobbies, bathrooms and corridors.  “There is a lot of positivity and excitement internally around the new offices, which is wonderful.” said Schuler.  “Our people are key to our success and help differentiate us from our competition, so we needed to be sure they we’re on board and excited about the new offices.”

California Center consists of three, Class A office buildings within a 52 acre master planned business park. An on-site health facility with lockers and showers as well as a community conference room leads off the list of the distinctive features. Picnic and patio areas, along with shaded decks, make lunch and break times pleasant. Both employees and clients enjoy the close and abundant free parking and benefit from the night and weekend security. InterWest joins Golden 1 Credit Union, Access Dental and American River Bank in placing their corporate headquarters in the 50 Corridor.

About Basin Street Properties:
Basin Street Properties, established in Petaluma in 1974, is one of Northern California’s and Northern Nevada’s most prominent developers, investors and managers of commercial properties.  Basin Street owns and manages close to one million square feet of Class A office space in the Sacramento area.  Projects include 8950 California Center, 2241 Harvard Street, 2535 Capital Oaks and 1420 Rocky Ridge Drive. Basin Street is widely recognized for its office, retail, hospitality, multi-family and mixed-use developments.  The company offers a broad range of real estate services, including development, property management, construction management, financial and asset management, and property acquisition and disposition.  For more information contact Mike Williams, Vice President of Marketing, 530.448.1986, mwilliams@basin-street.com or visit basin-street.com.

 About InterWest Insurance Services: 
InterWest Insurance Services (http://www.iwins.com/) was founded in 1992 as a result of the merger of three large successful insurance brokerage firms located in Northern California. Our aggressive marketing and acquisition efforts have extended our influence into Central California and the San Francisco Bay Area. During the past 23 years, we have successfully unified into a single seamlessly integrated organization with 8 offices throughout the state. We’ve grown in size from $10 Million in annual revenue in 1992 to over $60 Million.