Midtown Project Q19 Listed For Sale

Months after it began filling with tenants, midtown Sacramento apartment and retail project Q19 is for sale.

Project partners SKK Developments and The Grupe Co. felt the combination of better-than-expected leasing, good investor interest in Sacramento and low interest rates made it a good time to list the property, said brokers from Turton Commercial Real Estate listing the property.

“It’s an opportune time from a debt standpoint to acquire properties,” said John Mudgett, a senior director at Turton Commercial. “I see this as a safe harbor asset with continued demand from a leasing standpoint.”