Nonprofits Need More Than a Broker. They Need a Quarterback.
Sacramento has a deep nonprofit community. Health services, housing advocacy, food security, job training, mental health, arts, youth development — the organizations doing this work are everywhere in this region, and most of them are operating in spaces that do not quite fit anymore. Too small. Too expensive. Wrong location. Or stuck in a lease […]
Downtown Sacramento Office Condos: Is Buying Worth the Premium?
Owning will cost more than leasing. That doesn’t necessarily make it a bad idea. Downtown Sacramento suddenly has something on the horizon it has rarely had in meaningful supply: office condominiums. Individual floors are for sale at 700 L Street. The owner of 830 K and 1130 K Street is pursuing condo maps to sell […]
Plymouth’s Highway 49 Corridor Is at a Turning Point
Plymouth, CA — Tom Bacon, CCIM, a commercial real estate broker with PDF Commercial Real Estate | eXp Commercial and 40 years of experience in the business, says the opening of Acorn Ridge Casino has created a rare moment of change for Plymouth and the Highway 49 corridor. Located near the casino is a 9.69-acre […]
Retail Is Not Dead, the State is back in the office!
Retail Real Estate Is Not Dead. Every few years, another headline announces the collapse of brick-and-mortar retail, the end of the shopping center, or the final victory of online shopping. It makes for a good headline. It also misses what has actually happened. Why Some Retail Struggled The retail centers that suffered the most were […]
Should Your Business Own Its Own Building?
The lease renewal landed on your desk. You looked at the new number, set it down, and stared out the window for a moment longer than usual. Maybe it was the rent increase. Maybe it was the fifth one in a row. Maybe it was the conversation with your neighbor, the one who bought his […]
Do Not Let the Phone and Data Move Wreck Your Office Relocation
I have spent the better part of my career helping tenants find office space and navigate the relocation process. I have done it dozens of times for clients across Sacramento. I know the questions to ask. I know the pitfalls. I know where deals go sideways. So when I signed a lease on new office […]
The Mid-Lease Reset: How to Renegotiate Before Your Lease Expires
Many office tenants assume their lease is fixed until expiration. In a narrow legal sense, that may be true. But in a soft market, the best opportunity may not be waiting until the lease expires. The best opportunity may be inside the lease you already have. The Market Has Changed. Your Lease Might Not Know […]
Should We Stay or Should We Go?
Every office tenant reaches the same moment. The lease is coming up, the space is not perfect, someone has seen a better building, someone else thinks moving would be a disaster, and the landlord wants to talk renewal. Before long, the question lands on the table: should we stay, or should we go? That question […]
Is Now a Good Time to Sell Commercial Property in Sacramento?
So Is It a Good Time to Sell? Here is the real answer to that question: it depends. And honestly, if you own a stabilized asset — strong tenants, market rents, no deferred problems, clean operations — why are you selling it in the first place? A well-performing commercial property that cash flows reliably is […]
Understanding Cap Rates in Sacramento Commercial Real Estate
Spend more than ten minutes around commercial real estate investors and you will hear the phrase “cap rate.” It is one of those terms that sounds more technical than it is — and one that gets misused more often than most people realize. Cap Rates: CRE 101, With a Warning Label A cap rate — […]