RevOZ Capital And Argosy Real Estate Partners Secure $34.1M Loan For Medical Office In Sacramento

A construction-to-permanent loan of $34.1 million was secured from Siemens Financial Services for SixSixty, a 124,076 square foot Class A medical office building located at 660 J Street in downtown Sacramento.

Summary of transation details:

• Property Type: Medical Office
• Transaction Amount: $34,100,000
• Address: 660 J Street
• Market: Sacramento
• Lender: Siemens Financial Services
• Landlord: Alex Bhathal - RevOZ Capital; David Butler - Argosy Real Estate Partners
• Brokers: Jeff Sause & John Chun - JLL

RevOZ Capital and Argosy Real Estate Partners facilitated the leasing of 97% of the space to Sutter Health, which plans to open an Advanced Orthopedics & Sports Medicine Care Complex by 2027, thereby addressing the growing local demand for specialty medical services.