Sutter Health Buys East Sacramento Office Building Entitled for Hotel Redevelopment

Sutter Health has bought an East Sacramento office building not far from one of its flagship medical centers in Midtown Sacramento.

According to brokers from Turton Commercial Real Estate, the health care provider closed escrow earlier this month on 3000 L St., a three-story building once entitled for redevelopment as a hotel.

“The building is planned for future expansion efforts at Sutter to help increase care access,” Liz Madison, a manager of media relations with Sutter Health, said in an email.

Turton Commercial Real Estate said Sutter bought the building for $4.85 million, or about $219 a square foot for the 22,164-square-foot building.

Turton Commercial brokers Ken Turton, Matt Axford, Kimio Bazett, Scott Kingston and Kaylyn Ibarra represented the seller in the deal. Curt Allen and Eric Ortiz of Colliers represented Sutter Health.