With a few hundred new housing units planned in surrounding blocks, a retail building on busy 16th Street in Midtown Sacramento will be positioned for a new tenant.
Local investment firm Valco Properties bought the building at 631 16th St. for $605,000 in recent weeks, according to Garrett Strohmaier of Kidder Mathews, one of the brokers on the deal.
For the full story, go to Sacramento Business Journal.
© 2020 American City Business Journals. All rights reserved.