Leases 14,320 Square Feet at the former Prospect Green office campus in Rancho Cordova
Sacramento, CA (date March 21, 2018) – Basin Street Properties, a prominent Northern California real estate investor and developer, has signed a lease for 14,320 square feet with Lucent Health (formerly Capital Administrators) at White Rock Corporate Campus. Lucent Health is a premier third-party health administrator with regional and national clients across a variety of industries. “Lucent Health is the high-quality tenant we had in mind when we purchased White Rock,” said Scott Stranzl, Vice President of Leasing at Basin Street Properties. “With the great bones of the property and the additional amenities and improvements we have planned, we expect Lucent Health and similar tenants to thrive at White Rock for many years to come.”
“In looking for our new space throughout the 50 Corridor, we wanted exciting space for our employees and clients that fit our culture. The space at White Rock delivers on this objective.,” said Mike Tate, General Manager at Lucent Health. “The building, our office space and the campus environment at White Rock satisfied all of our requirements.” White Rock Corporate Campus is only a short distance from their current location and keeps employee commuting changes to a minimum. “We like White Rock for its tech campus feel, outdoor spaces and overall employee focused environment,” said Tate. “And the plans for expanded fitness center and classes, improved common areas and seating, and volleyball courts and bocce really round out the campus experience.”
Lucent Health’s new space at White Rock will create a more collaborative workspace for employees and a more welcoming feel for visiting clients. “We are a very team focused company and we believe the open floorplan and environment of our new offices will help facilitate a collaborative team atmosphere which will flow to our clients and their experience with Lucent Health,” said Tate.
Lucent Health is growing and hiring for roles in sales, customer service, I.T. and claims. For additional information visit their careers page at LucentHealth.com/category/careers/.
White Rock Corporate Campus consists of five Class A buildings (three Energy Star certified and two LEED certified), totaling 518,000 square feet, in an office campus environment and benefits from extraordinary regional access and amenities. The campus provides features not found anywhere else in the Sacramento Region and closely resembles campuses in the Silicon Valley, including a redwood park with walking paths lined by sycamore trees, outdoor seating, and benches at it center. The campus also features numerous on-site amenities, including a workout facility, showers, cafe, extensive open space and walking paths and considerable onsite parking.
Lucent Health joins companies like NEC Solutions America, Federated Insurance and Liberty Financial Home Equity at White Rock Corporate Campus. Matt Havelock of Avison Young represented Lucent Health. Todd Eschelman and Kirk Lange also of Newmark Knight Frank represented Basin Street Properties on the transaction.
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 1.2 million square feet of Class A office space in the Sacramento area. Projects include 8950 California Center, Harvard Park Corporate Campus, 2535 Capital Oaks, 1420 Rocky Ridge Drive and White Rock Corporate Campus. 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, email@example.com or visit basin-street.com.
About Lucent Health:
Lucent Health is a third-party administrator specializing in the design, building and maintenance of custom self-funded plans for our Commercial, Government, Employee Benefit Captives and Native American clients.
Lucent Health works with each client on an individual basis to assure all cost controls acceptable and appropriate to each client are in place in their plan. Our strategic relationship with major national carriers and our custom reporting capabilities allow Lucent Health to hold claim costs down without compromising the quality of care provided.
Our employees are dedicated to delivering service that leads the industry by combining our commitment for exceptional service, surround it with an experienced management staff and leading-edge technology.
Located in Rancho Cordova, CA, with corporate offices based in Nashville, TN and additional locations nationally we are positioned to handle your local and national multi-state clients. We encourage you to talk with our clients about our experience and our service.