SACRAMENTO, CA – The California Grocers Association announced today that it has completed the purchase of an office building located at 1005 12th Street in downtown Sacramento, Calif. The Association will manage the building under the name Aisle 3 Concepts, LLC.
The 20,544 square foot three-level structure, built in 1925, is anchored by a FedEx Office Print & Ship Center on the corner of J and 12th Street. Additional retail spaces, including a Wells Fargo ATM, occupy the ground level.
Aisle 3 Concepts will renovate the second floor and move CGA’s offices in 2018 after its lease at 1215 K Street in Sacramento expires. The lower floor will be renovated for potential tenant space.
“As CGA expands its member programs it became apparent the Association needed more space. For some time CGA has wanted to purchase a building that could allow for that expansion.” said CGA President/CEO Ron Fong.
“This purchase represents a sound investment for the Association. Its location is perfect for our government relations activities,“ he added.
“This building purchase will be CGA’s legacy for the future,” Falvey said. “Our members will own their own building and be a part of the revitalization of Sacramento’s downtown business district.”