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Colliers Represents Solidigm in Sacramento's Biggest Office Lease of 2022

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Scott Bennett and Mike Finley can claim ownership of the region's largest office lease of 2022.

Flash memory storage company Solidigm was represented by Bennett and Finley in its January lease of a new R&D campus encompassing 62,000-square-feet at 3078 Prospect Park and 175,000-square-feet at Rancho Cordova’s White Rock Corporate Campus. Bennett provided local brokerage services in partnership with Finley, who manages the account relationship globally.

Spread out over four total buildings, the transaction includes both lab and office space and represents not only the year’s biggest lease but the largest ever in the Rancho Cordova and Highway 50 Corridor submarket dating back to the year 2000.

Bennett, a broker with vast knowledge of the Greater Sacramento region, said that Solidigm’s long-term commitment to the Sacramento community represents an important leap forward for the market’s ability to attract high-profile companies.

“We worked with the Solidigm team for about a year to evaluate all possible Sacramento-area options. The combination of these two sites met their needs for robust power infrastructure, a campus environment for their employees and room for future growth,” said Bennett.

“This was definitely more than your textbook office search, which allowed me to test both my creative and technical skills and ultimately accomplish Solidigm’s goals.”

Solidigm, which has its headquarters in San Jose and is a standalone U.S. subsidiary of South Korean company SK Hynix Inc. [FM1] was impressed by Bennett’s and Finley’s expertise and professionalism throughout the process.

“This was a complex transaction, but Scott Bennett and Mike Finley at Colliers were great to work with and understood our needs,” said Ashraf Abdelwly, Solidigm’s director of corporate services. “Their knowledge and expertise enabled us to secure a campus that fits our specialized requirements, allows for different work styles among our team members, and gives us room to grow.”

Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 63 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.6 billion and $92 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors, and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn


 


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Scott Bennett

Executive Vice President

Sacramento

Landlords and Tenants rely on me for market knowledge, honest advice, and creativity to adeptly navigate their real estate needs in the Greater Sacramento area. I understand that real estate is a significant component to my client’s business and brand. For owner-users and tenants, the office space can significantly drive employee retention and satisfaction. Together, we find real estate solutions that match your culture and suit your long-term goals. With my partners at Colliers, we help our clients make informed decisions that make the most sense for their business needs.

After almost two decades in commercial real estate and over 30 years living in the Greater Sacramento Area, I have developed strong knowledge of the local submarkets. Through ongoing correspondence with outside brokers, I offer current and relevant market knowledge. Throughout this experience, I have learned that being a good advisor requires much more than simply understanding the market or deal analysis. By understanding the inner-workings of your business and the bigger picture, we can position you for success.

Outside of Colliers, I spend my time with my two children and wife. In the winter, you can find us skiing and snowboarding in Tahoe. During the warmer months, we enjoy camping and mountain biking. My passion for non-profit work has lead me to become an active member of the Leukemia & Lymphoma Society where I have been on the Man & Woman of the Year Committee since 2003.

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