980 9th Street, Sacramento, California 95814
Park Tower is located in Sacramento, California and is part of the CBD submarket within the Sacramento primary market. It is a prominent 24-storey Class A office tower with an adjacent 5-storey mixed-use space with an NLA of 489,171 sq ft. Park Tower underwent significant improvements in 2017 and features newly renovated amenities including a magnificent three-storey atrium lobby, fitness centre, locker rooms, conference centre and tenant lounge. The property is three blocks away from the State Capitol building and two blocks from the newly developed Downtown Commons and Golden 1 Center, a mixed use hotel, entertainment and shopping complex with 630,000 sq ft of retail which also serves as the home of the Sacramento Kings.
- As at 31 March 2021.
- Carrying value represents valuations of investment properties as at 31 December 2020 plus capital expenditure incurred in 1Q2021.