SACTO Assists Sutter Health in the Creation of its Corporate-Wide Shared Services Center

CONTACT:
Shari Little, Vice President of Business Development
Sacramento Area Commerce and Trade Organization (SACTO)
400 Capitol Mall, Suite 2500
Sacramento, CA 95814
(916) 441-2144
 
 
SACTO Assists Sutter Health in the Creation of its Corporate-Wide Shared Services Center
 
Sacramento, Calif., October 10, 2012 – The Sacramento Area Commerce and Trade Organization (SACTO) is pleased to announce that Sutter Health has signed a 10-year lease for 295,000 square feet at 9100 Foothills Boulevard in Roseville. The building will serve as a new Shared Services Center for Sutter Health. The Shared Services Center is a new model for Sutter Health that will provide more integrated support services for the organization and its affiliates throughout California. Initial plans are for 1,000 jobs over the first 18 months resulting in an economic impact of over $264 million to the region.
  
“As a long-standing member of SACTO’S board, Sutter Health routinely demonstrates its commitment to the community as it did again by selecting Roseville as the location for this new venture,” said David Parkes, SACTO Board Chair and President of Flintco Pacific, Inc.
   
As one of many sites considered, both in and out of California, the organization ultimately chose the Roseville location based on its competitive costs, availability of skilled workforce, and because of Sutter Health’s long-standing commitment to its headquarter location in the Sacramento Region. 
  
“Sutter Health is one of Northern California’s largest employers, and we’ve been a key part of the region’s economy and health care delivery system for nearly a century,” said Sutter Health President and CEO Pat Fry. “The selection of Roseville for our service center represents another significant long-term commitment to support and grow with Northern California.”
  
“We’re thrilled. This brings new jobs, new revenues, and provides opportunities for other businesses and industry sectors, like retail and construction, to experience new growth as well, ” said Roseville City Manager Ray Kerridge. “Our staff worked closely with SACTO, the brokers, and Quality Investment Properties to put together a deal that allows Sutter to continue its strong investment in the region.”
  
Sutter-affiliated hospitals and facilities are regional leaders in cardiac and cancer care, women’s and children’s services, orthopedics, and advanced patient safety technology. This expansion is in addition to other major ventures the company currently has underway, bringing Sutter Health’s current capital investment in the Sacramento Region to nearly $1.7 billion.  The new Roseville operation will bring Sutter Health’s presence in California to over 48,000 employees in more than 100 locations.
  
Sutter was represented by Ron Thomas and Kevin Partington of Cushman & Wakefield, along with their partners Bruce Hohenhaus and Chris Schwarze. The landlord in the transaction, Quality Investment Properties, was represented by Dennis Shorrock and Bruce Wirt of Cornish & Carey Commercial Newmark Grubb Knight Frank.
  
The project enlisted the assistance of many partners at both the state and local levels. SACTO would like to especially thank the Governor’s Office of Business and Economic Development and the City of Roseville for their support in the effort.
 
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