
Bay Area Firm Buys Old Sacramento Building Plans Investment
Source: Sacramento Business Journal
Brokers: Jon Lang
A Bay Area firm with a track record of putting new life into old buildings has purchased an Old Sacramento structure to renovate it.
Cypress Properties Group LLC, based in Lafayette, closed escrow last month on 914 Second St. for $1.325 million. The three-story, 27,900-square-foot building dates to 1856.
Jon Lang, a vice president at Turton Commercial Real Estate who worked on the sale, said Cypress plans to make a significant investment in the building, which is mostly vacant.