Since pandemic restrictions began to lift, a Korean fried chicken chain, Von's Chicken, has opened in the other retail space. Beach Hut Deli, the only retail tenant at the time, rode the wave and stayed alive. The property, 100% occupied, is now a stone's throw from much bigger student housing and retail projects, a new hotel under construction and sites with other projects being planned.Ĭapital Rivers began marketing the property during the Covid-19 pandemic, when many classes shifted online and few students were on campus. was built, the area around Folsom and 65th Street, southeast of Sac State, was just starting to gain attention as a possible "campus village" redevelopment area of housing, hotels, retail and restaurants. Escrow closed at $6 million on three-story 6601 Folsom Blvd., a 6-year-old project of 10 apartments above ground-floor retail space. A project that could be seen as a bellwether for redevelopment near California State University Sacramento has a new owner.
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