Wolff Co. buys in Sacramento

Office space acquired for $186 a square foot

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The Wolff Co., a privately owned investor, recently acquired Fifty West, a 72,539-square-foot office property in Sacramento, Calif. The value of the transaction was approximately $13.5 million. Fifty West is a two-story, multitenant building located at the intersection of Watt Avenue and Folsom Boulevard, approximately seven miles from downtown. At the time of sale, Fifty West was 94 percent leased to 26 tenants, including EMQ Children & Family Services, Century 21 and Nelnet (National Education Loan Network). ...