
After Sale, Concepts Floated Or Former Bank At 7th And L Streets
Source: Sacramento Business Journal
Brokers: Ken Turton , Scott Kingston , David Khedry
Much hasn’t changed from the outside at 700 L St. in Downtown Sacramento, a now-empty office building that served as Union Bank’s local hub for decades.
But new owner Schwager Development LLC is mulling a couple possibilities for the four-story, 27,632-square-foot office building that dates to 1975, said broker Scott Kingston of Turton Commercial Real Estate.
“We kind of see it as figuring it out in real time,” said Kingston, who with Ken Turton and Dave Khedry of Turton Commercial has started marketing the building and working with San Jose-based Schwager on concepts.