The 28-story Renaissance Tower at 801 K Street will be up
for bid on October 21st. As stated in the Sacramento Business Journal, the building is currently 27% leased, well below most other
"trophy" office properties in Sacramento's urban core. Renaissance
Tower also has a seven-story attached parking garage. the starting bid for the
building would be $8.5 million. That's nearly a tenth of the building's last
sale price, $80 million in 2016.
