New York Life Real Estate Investments Acquires Sacramento Office Building For $28.1M

An office property located at 630 K Street in Sacramento has been sold for $28,100,000. The property spans 87,140 square feet and has a price per square foot of $322. The transaction took place on March 16, 2020. The buyer in this deal is New York Life Real Estate Investments, represented by Yie-Hsin Hung. The asset was marketed by Cushman & Wakefield.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $28,100,000
• Square Footage: 87,140
• Price per Square Foot: $322
• Date: 03/16/2020
• Address: 630 K Street, Sacramento
• Buyer: New York Life Real Estate Investments - Yie-Hsin Hung
• Broker: Cushman & Wakefield

Yie-Hsin Hung represented New York Life Real Estate Investments as the buyer in this transaction. Cushman & Wakefield served as the broker for the deal.