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Local Investment Firm Buzz Oates Sells Office/Medical Center Near Sacramento

Hernon Group Pays $6.1 Million for 50% Leased Longport Professional Center in Elk Grove
By Mike Rustvang
October 30, 2018 | 2:16 P.M.

Buzz Oates, a local investment firm, sold four office/medical buildings, along with a condo, totaling 45,368 square feet in Elk Grove, California, to Hernon Group. Longport Professional Center sold for $6.13 million, or about $135 per square foot.

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