SACRAMENTO-A hearing for the planned sale of state-owned Class Aoffice buildings has been set on December 10 in San Francisco. Thehearing will decide whether a lawsuit can prevent the sale of 11office complexes.
The state was sued for not fixing the issue of trading officebuildings. The sale-leaseback will place the state-owned offices inLos Angeles, Oakland, Sacramento, Santa Rosa and San Francisco intoindividual ownership. California First LLC is the purchaser of theportfolio of 11 office complexes. For the full story, go toSacramento BusinessJournal.
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