1500 S Street

Sutter Capital Group acquired the five parcel development site located at 1500 S Street in March 2017. One block from the heart of the burgeoning R Street Corridor and adjacent to the recently completed and transformative Ice Blocks development, 1500 S Street is an ideally located site in Midtown and was previously entitled for a residential mixed-use development.

SCG was able to create further value by acquiring an adjacent parcel that increased the developable scale of the project and subsequently sold the expanded site to an institutional builder.