A new report on the latest investment activity in downtown Sacramento is highlighting continued interest and growth within the city's urban core.The report compiled by the Downtown Sacramento Partnership focused on investment activity in the second quarter of 2019.Here are four key takeaways:Class A office vacancy hit a five-year lowEmerald Tower at 300 Capitol Mall, sold for $127 millionFood and drink grew to 34% of downtown retail mix1,082 new residential units under construction"We continue to see strong interest in downtown. Investors, businesses and employees have transformed our urban core into a hub for innovation and culture," said Michael Ault, executive director of Downtown Sacramento Partnership.The Downtown Sacramento Partnership also cited growing visitor activity as driving demand in the urban core.

A new report on the latest investment activity in downtown Sacramento is highlighting continued interest and growth within the city's urban core.

The report compiled by the Downtown Sacramento Partnership focused on investment activity in the second quarter of 2019.


Here are four key takeaways:

Class A office vacancy hit a five-year low

Emerald Tower at 300 Capitol Mall, sold for $127 million

Food and drink grew to 34% of downtown retail mix

1,082 new residential units under construction

"We continue to see strong interest in downtown. Investors, businesses and employees have transformed our urban core into a hub for innovation and culture," said Michael Ault, executive director of Downtown Sacramento Partnership.

The Downtown Sacramento Partnership also cited growing visitor activity as driving demand in the urban core.