Former 'Stonehenge' office park in Natomas completed and full
October 7, 2020
By Ben van der Meer - Sacramento Business Journal
The formerly stalled North Natomas office development known derisively as "Stonehenge" has wrapped up, more than a decade after hitting hard times.
This year, two firms bought the last two available office buildings in Natomas Pointe on Advantage Way, while a third is fully leased by another company.
"We had buyers or a tenant for every building before it was done," said Scott Bennett of Colliers International, who helped broker the project on behalf of owner and developer Tower Investments LLC of Woodland. "Times were different."
In the most recent sale, the Peace Officers Research Association of California bought two-story, 20,000-square-foot 2940 Advantage Way for $3.63 million last month, according to property records. Earlier this year, 2960-NP LLC, which has the same address as PORAC on Truxel Way in North Natomas, bought 2960 Advantage Way for $9.09 million, according to records.