Amid slowing office demand, the California Public Employees’ Retirement System, the pension fund for California’s public employees, sold a major development site in downtown Sacramento to a federally recognized Native American tribe whose ancestors once occupied the land.
Native American Tribe Buys Development Site in Downtown Sacramento
CalPERS Sells 2.4-Acre Parcel to Shingle Springs Band of Miwok Indians
CoStar News
April 10, 2024 | 5:11 P.M.
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IN THIS ARTICLE
- Properties
- Tower 301
301 Capitol Mall, Sacramento, CA
- Companies
- CalPERS
Public Administration
- Contacts
- Jack Blackmon
Director, Newmark
- Marcie Frost
Chief Executive Officer, CalPERS
- Matt Alemania
Associate Director, Newmark
- Ken Turton
President, Turton Commercial Real Estate
- Matt Axford
Director, Turton Commercial Real Estate
- Lucas Lugo
Managing Director, Newmark
- Scott Kingston
Senior Vice President, Turton Commercial Real Estate