Jackson Square Returns to Sacramento with $161M Portfolio Deal
CBRE recently arranged the $161.5-million sale of Zeta Luxury Apartments and Solasta Luxury Apartments, a multifamily portfolio in Sacramento, to Jackson Square Properties. CBRE’s Marc Ross, CFA, Joe McNamara and Claire Holt represented seller A.G. Spanos, which developed both properties and completed them in 2024.
Located at 3761 E. Commerce Way and 7606 Klotz Ranch Ct., respectively, Zeta and Solasta total 536 units. “A.G. Spanos has delivered two exceptional communities that set a new standard for luxury living in Sacramento,” said Ross. “Zeta and Solasta offer best-in-class amenities and prime locations, creating a strong foundation for Jackson Square Properties to capitalize on the region’s continued growth and demand for high-quality multifamily housing.”
He continued, “This is Jackson Square’s third acquisition in the Sacramento area in the last year, marking their expansion and commitment to the region. Jackson Square Properties was very professional throughout the entire process and a great buyer for the properties.”
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout