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Business Journal: Eddie Murphy’s Former Home, Self Storage Project, Potential New Cryotherapy Locations

Realtor.com

Eddie Murphy's former home in Granite Bay is on the market for $10 million.

Realtor.com

Former Home Of Eddie Murphy For Sale In Granite Bay

Comedian Eddie Murphy's former home in Granite Bay is going on sale this weekend.

Potential buyers must show up, or get a representative, for an on-site auction Saturday morning.

The 12,600-square-foot home is currently listed for $10 million. The property's listing broker expects six to 12 serious bidders to attend the auction, Sonya Sorich of the Sacramento Business Journal said.

Murphy only lived at the home for a few years before a divorce prompted him to sell it.

Davis-Based Cryotherapy Company Hopes To Add New Locations

A fitness fad that involves immersing your body in sub-zero temperatures for two to three minutes may be expanding in the Sacramento region.

Davis-based U.S. Cryotherapy wants to add three new Sacramento-area sites. The company haven't finalized any leases, but hopes to find spaces in midtown Sacramento, Elk Grove and Folsom. There are already 21 locations across the country.

Sorich said the company offers clients "cold chambers" with temps as low as -166 degrees Fahrenheit

“Proponents of the treatment, known as ‘cold air therapy,’ say it can decrease inflammation and enhance the body's circulatory response,” Sorich said.

A few of these cryotherapy facilities have closed in recent years, including one founded by former NBA player A.C. Green. But a new fitness studio called Climb Society in downtown Sacramento is expected to offer a cryo chamber.

Self-Storage Application Denied By City

Sacramento's planning and design commission denied a request from a self-storage company that wanted to take the place of the Red Lion Hotel property on Leisure Lane.

Sorich said commissioners wanted a project that would generate more employment.

“The land is commercially zoned, which means it could be developed with medical offices, a hotel, or more housing,” she said.

The decades-old hotel closed in 2017. Construction is now underway at the property for 143 units of assisted living and memory-care housing.

The self-storage applicant is appealing the city's decision.

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