CenterSquare Acquires Service Property – Waterman Gove Plaza

April 2022

We are pleased to announce the acquisition of Waterman Grove Plaza, a 44,090 square foot Service Property located in Sacramento, CA. The Service Property is 89% leased to a diverse mix of national and regional tenants with familiar names like Jamba Juice, Panda Express, UPS and T-Mobile. Located at the crossroads of Elk Grove Blvd and Waterman Rd, the Service Property benefits from hard-corner visibility at a signalized intersection traveled by over 25,000 vehicles per day.