Lack of Midtown Inventory Helps Mixed-Use Building
Source: Sacramento Business Journal
A dearth of midtown Sacramento commercial properties for sale helped push up the market for one on K Street.
Broker John Mudgett of Turton Commercial Real Estate said the winning bid for 2420 K St. was $1.65 million, with six interested parties competing.
Mudgett said the buyer, an investor with other properties and projects in the region, wanted to remain anonymous.