Tuesday, October 01, 2024

WANT TO BUY SOME REAL ESTATE ?

By Bob Walsh

 

Wells Fargo Center, Sacramento, CA
 
 
The Wells Fargo Building in downtown Sacramento, just a short stroll to the state capitol building, is arguably the most prestegious non-government address in SacTown.  It sold for $199 million five years ago.  It sold today for $119 million.

The commercial office space market in California is real, real soft right now.     

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