Sacramento Bee is a 409,720 square foot office and production facility in the Midtown submarket of Sacramento, California. The Sacramento Bee newspaper is one of four daily newspapers printed at this facility. The property was purchased from The McClatchy Company (“McClatchy”) and transacted as a sale-leaseback of the entire premises. The Sacramento Bee is wholly owned by The McClatchy Company, and McClatchy also has its corporate headquarters located at the property.
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.