SACRAMENTO—The Press at Midtown Quarter is a 277-unit class-A multifamily property located in Midtown. Its recent sale at $118 million marks the largest single-asset market-rate apartment trade in Sacramento history in terms of deal size. CBRE’s Marc Ross brokered the…
The Sac Bee: Wide Open Walls announces plan for Sacramento’s largest-ever mural in midtown
Just after the Wide Open Walls festival wrapped up for the year, a huge new mural project will blossom in midtown this month. The mural, titled “A Journey into Curiosity,” will be Sacramento’s largest at twice the size of the 15-story…
Sac Biz Journal: Midtown’s Press Building sold for $118 million
SKK Developments and DeBartolo Development have sold the 277-unit Press Building in Midtown Sacramento, only a few months after finishing the project. The two development firms sold the building, which also has 8,600 square feet of first-floor retail space, for $118…
2020 Best Real Estate Project – The Press at Midtown Quarter – Awards Video
Sac Biz Journal: 2020 Best Real Estate Projects: The Press at Midtown Quarter
The Press at Midtown Quarter is the latest in a long line of impactful projects by Sotiris Kolokotronis of SKK Developments. The expansive mixed-use building, which is near several other SKK developments, including the 68-unit Q19 and PQR townhomes, helps further cement…
Sac Press: Local Elementary School Students to Help Inspire Designs for Sacramento’s Largest Mural
The Grupe Company and SKK Developments are proud to announce a creative partnership with Washington Elementary School that will result in the exterior façade of Eleanor Apartments – a new multifamily residential building at 16th and E Streets in Midtown Sacramento…
Sac Biz Journal: Demolition begins for closed Downtown Sacramento hotel
Demolition began last week on the closed Clarion hotel site in Sacramento’s central city. By Saturday afternoon, much of the former hotel at 700 16th St. had been torn down, though full site clearing will take about a month. Developer Sotiris…
Sac Biz Journal: COVID-19 not slowing infill developer’s activity
As COVID-19 control measures continue to take a toll on both real estate activity and the economy, the most prominent infill developer in the region said he’s staying busy. Within the next month, said Sotiris Kolokotronis, work should start on both…
Sac Biz Journal: Two SKK Developments projects starting in first quarter
Demolition will start this week on a long-closed Sacramento hotel building, with new residential units and retail space planned in its place. Developer Sotiris Kolokotronis of SKK Developments said by early 2022, a 190-unit project will occupy the former Clarion…
Sac Biz Journal: Three developers vying for 10-acre Rancho Cordova site
Rancho Cordova has narrowed to three its list of potential development groups for a city-owned site of about 10 acres, with presentations planned Tuesday night to help narrow further. The three groups, all of which include at least one local…