1901 Broadway
Sutter Capital Group acquired this 28,000 SF office building located in the quickly improving Broadway corridor just outside Downtown Sacramento directly from a lender. SCG was attracted to the property due to underlying land value of the large (1.25 acre) site and the property’s excellent freeway and public transit accessibility and visibility.
After evaluating a number of redevelopment scenarios and prospective tenant proposals to retrofit the existing structure, SCG ultimately sold the property to an institutional builder to redevelop the site realizing a significant gain for the partnership.