Ramos, de Vere White brothers part of group making new plan for Club Pheasant in West Sacramento

An iconic site for West Sacramento is starting to get a new vision for the future, with the city working with a team of development and bar/restaurant veterans on what’s next for Club Pheasant.

As soon as next month, the development team hopes to go before the West Sacramento City Council to finalize the plan and financing strategy for the 114-year-old property at 2525 Jefferson Blvd., said team partner Dan Ramos of Ramco Enterprises Inc. Ramos said he, Mark Cordano and the de Vere White brothers are the plan partners, chosen by the city in response to a request for proposals.

Their plan calls for using the original Club Pheasant building and its surroundings for about three restaurant operators, Ramos said. Though he said he couldn’t reveal names, the concepts planned for the site are well-known local and regional restaurant operators with a track record of success.

To save it from being entirely redeveloped, West Sacramento bought the restaurant and its 2.15-acre site for $3.4 million in 2023, and enlisted Turton Commercial Real Estate to market the site for a new use.

Source: Sacramento Business Journal

Shingle Springs Band plans to finalize 301 Capitol Mall development plan in early 2025

Six months after buying 301 Capitol Mall in Downtown Sacramento, the Shingle Springs Band of Miwok Indians is giving a sense of timing for introducing a proposal for the high-profile site.

In an email, Tribal Chairwoman Regina Cuellar said the tribe continues to be excited about the possibilities the full-block site could have for the tribe, which also owns Red Hawk Casino in Shingle Springs.

“Early next year, we plan to finalize our vision and propose a development,” she said. “Then, we’ll begin collaborating with partners and architects to bring it to life.” City officials are keen to see a project at the site, describing it as having the potential to be a gateway to the heart of the city with its location both near Interstate 5 and the crossing into the city over the Tower Bridge.

Turton CRE represented the Buyers.

Source: Sacramento Business Journal

Envoy signs first retail tenant for mixed-use building on J Street

The Envoy’s first retail tenant will be a sweet addition to the newer mixed-use building on J Street in Downtown Sacramento.
Cakes by Jeff the Chef, which operates a location in the Downtown Commons center, is planning to open a second retail location in an approximately 865-square-foot space at 1022 J St. The business specializes in custom 4-inch cheesecakes with unique flavors and toppings like churros, pumpkin spice, pistachio and ube.

The Envoy is a seven-story building that features 153 apartments and approximately 10,000 square feet of ground-floor retail space at the corner of J and 11th streets. The project, which was completed by real estate developer Anthem Properties in 2023, was named as one of the Business Journal’s Best Real Estate Projects of 2023.

Scott Kingston and David Khedry with Turton CRE represented the tenant and the landlord.

Source: Sacramento Business Journal

Best Real Estate Projects 2024: Market Club at the Mill

Developer Gabe VanHooser of CSI Construction said that marrying the rustic historic charm of the original structure with a contemporary modern aesthetic was his primary concern, but as with any adaptive reuse project, things didn’t often go the way he expected. VanHooser said that as both the owner and contractor, keeping the project in house allowed them to maintain a level of control to make adjustments on the fly. VanHooser said that the Market Club at the Mill maintains the historic charm of the original building, retaining the warehouse aesthetic, updated to modern standards. “You don’t look at it and say, ‘Oh yeah, this is new and clean inside,’” VanHooser said. “You see, it’s definitely original, rustic, but cleaned up.”

The result of the Market Club at the Mill project is a mixed-use residential and commercial development which provides the existing surrounding residents with commercial services to bolster the local community.

“A lot of those residents who see this new project going in, want to make sure that they have commercial services, a gym, coffee, food service,” VonHooser said. “We wanted to make it something to serve that community.”

Scott Kingston and Jon Lang is representing the tenant.

Source: Sacramento Business Journal

La Provence restaurant in Roseville is closing

La Provence, a longtime restaurant and event space in Roseville, is set to close this weekend, but its owner said there’s one last option being explored to potentially save it. The restaurant and event space has operated at its location at 110 Diamond Creek Place in Roseville since 2004. Des Jardins said he notified his employees a few weeks ago about the planned closure. Since then, a few of the restaurant’s longtime customers and community members have expressed interest in partnering up to purchase the property and keep the business operating, with one individual reportedly committing $500,000 to the effort.

A representative of the ownership group referred the Business Journal to local broker Scott Kingston of Turton Commercial Real Estate, who along with colleague Ken Turton, is listing the building for sale. Kingston said the owners are open to Des Jardins and the group making an offer, but as of now the approximately 12,000-square-foot building is being listed for sale at $4.9 million. Kingston said he’s already received half a dozen inquiries about the space from interested parties despite the listing not being made public yet, which he expects to happen within the next few weeks. “The building is really special and highly improved,” Kingston said. “I think a lot of restaurant investors or restaurant owners will want to take advantage of that, and it comes with all furniture, fixtures and equipment in place.”

Source: Sacramento Business Journal

Midtown Sacramento home of At Ease Brewing, Mill Coffee sold

A former office building in Midtown Sacramento converted into retail and now hosting two popular beverage purveyors has a new owner.

Records show LCAP Properties LLC, with an address in Roseville, bought 1825 I St. in recent weeks for $1.7 million. The 3,600-square-foot building is occupied by craft brewer At Ease Brewing Company and coffeehouse The Mill Coffee Roasting & Tea Studio.

“Both are fantastic tenants that fill a very important need and amenity in the neighborhood,” said Turton Commercial Real Estate Senior Vice President Jon Lang, who brokered the sale. “They’re also both very engaged with the community, hosting events and have strong followings.”

Source: Sacramento Business Journal

Owners of The Hardin on K Street now have two restaurant spaces to fill

The owners of The Hardin in Downtown Sacramento are working to fill two prominent spots along K Street, which have become available in recent months. The two adjacent restaurant spaces were previously occupied by Solomon’s Vinyl Diner and MidiCi. Solomon’s, which operated as a restaurant and music venue in its two-story space, closed its doors in June followed by the pizza restaurant a month later. Scott Kingston with Turton Commercial Real Estate is working on these 2 listings.

The former Solomon’s space has been on the market since July and has been listed at $2.25 per square foot plus triple net costs, which include taxes, insurance and maintenance. The turnkey space comes equipped with all furniture, fixtures and equipment and includes a large patio area along K Street.

The owners of the building regained possession of the former MidiCi space at the beginning of September. Kingston said that space, which is being offered at $2.45 per square foot plus triple net costs, also comes equipped with all furniture, fixtures and equipment needed for a restaurant user to move in quickly.

Source: Sacramento Business Journal

Former Mighty Kong Cafe site on Stockton Boulevard sold to restaurant group

A restaurant building on Stockton Boulevard in Sacramento used only for commissary uses in recent years has a new owner hoping to tap growing demand in that area. Escrow closed in late August for 3701 Stockton Blvd., a 3,500-square-foot building that most recently housed Mighty Kong Cafe, which closed six years ago. “Its proximity to Aggie Square was one of the big selling points,” said Jon Lang, a senior vice president at Turton Commercial Real Estate who was one of the brokers on the sale. “It’s more food options to an area that doesn’t have a ton of options.” For now, Lang said, the new owner is planning to continue using 3701 Stockton Blvd. as a prep kitchen for events elsewhere. Jon Lang and Kimio Bazett of Turton Commercial brokered the sale.

Source: Sacramento Business Journal

‘Now’s the time’: Historic Crest Theatre property in downtown Sacramento listed for sale

One of Sacramento’s most iconic vintage theaters is now on sale for $21 million, along with several other businesses that are part of the same property.

Robert Emerick is the current owner of the Historic Crest Commercial Center. Located on K Street between 10th and 11th streets, the nearly 37,000 square foot property includes the Crest Theatre, Empress Tavern, Public Policy Advocates, Capitol Books, Crest Café, Nash & Proper and Hao Bao Dumpling. Emerick, an engineer by trade, said he bought the property in 2011 to make improvements to it. “If I’m going to sell it, now’s the time,” Emerick said.

Turton Commercial Real Estate listed the property for sale last week. The portfolio describes the Crest Theatre complex as “one of the entertainment pillars of the central business district and a highly reliable investment.” “There’s only so many iconic venues that you can buy right in the heart of an entertainment district,” president Ken Turton said.

Source: KCRA 3

Crest Theatre property for sale in Downtown Sacramento

Downtown Sacramento’s most historic theater and its surrounding property have been put on the market for sale.

The Crest Theatre complex spans two buildings totaling 36,771 rentable square feet along K Street between 10th and 11th streets. Property tenants include Capital Books, Empress Tavern, Public Policy Advocates LLC, Crest Cafe, Nash & Proper, Hao Bao Dumplings and the Crest Theatre.

The property was listed for sale earlier this week at an asking price of $21 million. Listing broker Ken Turton, president of Turton Commercial Real Estate, said the current property owner, Robert Emerick, has relocated out of the area and is exploring options for the sale.

Source: Sacramento Business Journal