News Headlines Article

Kaiser buying downtown Sacramento building for $40 million
Sacramento Bee

Kaiser Permanente is spending $40 million on a mostly vacant office building near the new Kings arena in downtown Sacramento, a further sign of the rejuvenation of the central city real estate market.

The health care giant plans to turn the six-story Sacramento Corporate Center into medical offices and an outpatient clinic. The building, at 501 J St., is across the street from the arena scheduled to open in 2016.