![4th-street](https://92wb93.p3cdn1.secureserver.net/wp-content/uploads/2023/01/4th-street.jpg?time=1724713363)
501 4th Street Leased Up
501 4th Street Leased Up
Historic building at the corner of 4th and B Streets in Santa Rosa
Client Description: The office building was purchased in 2018 by a local real estate investor as a leased investment.
Situation: After approximately one year of ownership, the major tenant, Crossing the Jordan ceased business operations and left the building about 80% vacant.
Problem: The office building was not designed for modern usage with open floor plans and options to create multiple company office spaces.
Solution: The marketing focused on small single-person independent businesses, many providing personal services. We worked closely with the new tenants to create an environment conducive to these type tenants and as a result many additional new occupants were friends and/or business associates of our first few new tenants.
Outcome/Benefit: We leased the entire building within a few months and due to the small sizes of the spaces leased, the owner will not experience a major vacancy in the future.