Matthew Jewell Of Jewell Capital LLC Acquires Office Properties In Sacramento For $6.45M

Jewell Capital LLC acquired two neighboring office/flex properties totaling about 56,000 square feet at 1103 North B Street and 250 Dos Rios Street in Sacramento, California for $6.45 million. The properties are positioned in a market valued for its commercial real estate potential, showcasing a price per square foot of $115.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $6,450,000
• Square Footage: 56,000
• Address: 1103 North B Street & 250 Dos Rios Street
• Market: Sacramento
• Buyer: Matthew Jewell - Jewell Capital LLC
• Seller: G Caravantes Enterprises
• Broker: Sean Mahoney - Newmark

Sean Mahoney from Newmark acted as the broker for this transaction, representing the seller, G Caravantes Enterprises. Matthew Jewell, representing the buyer Jewell Capital LLC, facilitated the acquisition of the two properties, contributing to the expansion of their office portfolio in the Sacramento region.