Southgate Plaza, Sacramento, Calif.

CBRE Arranges $42.1M Sale of Southgate Plaza in Sacramento

by Jeff Shaw

SACRAMENTO, CALIF. — CBRE has arranged the $42.1 million sale of Southgate Plaza, a 339,369-square-foot shopping center in Sacramento.

Tenants at the center include Walmart Neighborhood Market, 99 Ranch Market, 99 Cents Only, Ross Dress for Less, Baskin-Robbins, Sally Beauty and Payless Shoe Source.

CBRE’s Philip D. Voorhees, Jimmy Slusher, Todd Goodman, Megan Wood, Matt Burson, Kirk Brummer, Preston Fetrow and John Read represented the seller, Wrightwood Financial, and the buyer, a subsidiary of NewMark Merrill Cos. LLC, in this transaction.

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