Midtown Office Building, Fully Leased, Sells for $2.15 Million

Before office building 2830 G St. in Midtown Sacramento closed escrow this month, it had to overcome a whole lot of hurdles.

Broker John Mudgett of Turton Commercial Real Estate can tick them off: a lockdown stemming from the Covid-19 pandemic, a stock market crash for the same reason, then an eviction moratorium on commercial tenants and a request for a price reduction and more from the eventual buyer.

Mudgett and Patrick Stelmach of Turton Commercial worked on behalf of the buyer. Randy Brekke of Brekke Commercial Real Estate represented the seller.