Sacramento Bee is a 409,720 square foot office and production facility in the Midtown submarket of Sacramento, California. The property was purchased from The McClatchy Company (“McClatchy”). is the largest infill development site in Sacramento. The site is part of the Central
City Specific Plan, which aims to remove barriers inhibiting housing development, and focus on
transit-oriented projects. Based upon the site size of 6.28 acres, the district would allow for 690
units of multifamily housing, or 820,671 square feet of mixed-use development.
In addition to the main office and production buildings, six (6) additional parcels were included in the transaction across Q Street from the main buildings. These parcels are included in the sale-leaseback but are currently subleased out to other tenants.
This is neither an offer to sell nor a solicitation of an offer to buy any security. An investment in a Shopoff limited partnership involves a high degree of risk, including the possible loss of your investment, and is illiquid with an uncertain liquidity date. Past performance is not indicative of future results. Securities offered through Shopoff Securities, Inc., member FINRA/SIPC.