The deal's done.
Sacramento's Downtown Plaza has now officially been sold to the NBA Kings and team owner Vivek Ranadive. San Francisco-based JMA Ventures, the mall's previous owner, made the announcement today.
The company says it will continue to manage day-to-day operations before collaborating on a mixed-use project next to a future downtown arena.
A sale price was not immediately made available.
JMA bought the mall from Westfield for nearly $22 million in August of 2012.