
Site For Cascade Apartment Project In Midtown For Sale
Source: Sacramento Business Journal
Brokers: Scott Kingston , Ken Turton , David Khedry
D&S Development has put an entitled project site in Midtown Sacramento up for sale, though it’s not an absolute that they will follow through.
Broker Scott Kingston of Turton Commercial Real Estate said if no appropriate buyer comes along for the Cascade site at 1705/1715 I St., D&S might still take on the eight-story, 206-unit project.
“They have some other projects they’re focusing their time and resources on,” he said, mentioning 17 Central under construction nearby and the leasing process for 1430 Q near R Street as examples. “They’re saying, ‘we don’t want to divide our attention too thin.'”