Technology and Innovations in Development Enhance Sacramento’s Value Proposition
Sacramento has followed a consistent trend of economic, social, and political growth for the last few years. As new opportunities arise, businesses create non-government jobs while Sacramento’s population grows every year. To keep up with the increased demand, High Density Residential (HDR) urban housing projects are cropping up throughout Sacramento’s CORE. 19J Addresses Sacramento’s Housing […]
Opportunity Zones – Ten years of Hard Time.
Opportunity Zones might help you defer Capital Gains taxes, but read the fine print! You have probably heard about Opportunity Zones: Opportunity Zone Investments allow the investor with a capital gain to defer and reduce their tax liability. The longer you hold the investment the better the tax consequences. Investing in Opportunity Zones does not eliminate your gain- […]
Rotary is not Just Lunch
Rotary Is Not Just Lunch Sacramento Rotary currently has about 300 members. Worldwide there are over 1.2 million Rotarians. Rotary International is tackling Polio, helping impoverished villages in third world countries build irrigation infrastructure and teaching children to read. In Sacramento, since the 1920s, Rotary has been helping many deserving charities. Today we are in […]
Sacramento Office Market – The Tale of two Sub-markets
What keeps you up at night? Your kid’s latest Instagram post or their curfew violation? How about Croatia’s upcoming match versus England? For me it is Sacramento office leasing and sales. Last week I got up around 3:00 AM with the question: How have office values behaved in Midtown and Downtown over the last 3 […]
Sacramento Rent Control?
The Costa Hawkins Repeal & Rent Control Lawmakers passed the Costa Hawkins Rent Control law in the 1990s, and now many groups are pushing to repeal it. Costa Hawkins essentially curtailed a jurisdiction’s capacity to impose rent control. Now Unions and Tenant organizations are seeking to repeal Costa Hawkins (CA). Cities want to reduce housing […]
“If you don’t know where you are, you don’t know who you are”
Uptown Studios HQ, Broadway Corridor, Sacramento “If you don’t know where you are, you don’t know who you are” – Wendell Berry When negotiating a lease, you have to pay attention to the bottom line. However, you cannot forget about your team. Open Offices Are Not for Everyone In the iconic Christmas movie The Grinch, […]
Amazon HQ2 Takeaways
Amazon Moving to Sacramento? No, but other Unicorns will! Last year, 238 Bidders for Amazon’s 2nd headquarters submitted proposals to induce Amazon to locate 50,000 employees in their regions. Everyone I am certain had reasons but according to CCIM’s chief economist, K.C. Conway, only 50 bidders met the base criteria. If it were not for […]
Sacramento’s Emerging Boulevard – Broadway
In 1991, my new bride and I moved from Manhattan Beach to Sacramento. We arrived in a U-Haul at 9:00 PM and had a 800 S.F. rental lined up on Harkness in Land Park. We had no keys to the place, so we had to call the owner. He staggered out of his car about […]
Go Green or Go Home
Go Green or Go Home! Being from California, going Green is not longer optional. Since 1978 for residential projects and 1980 for commercial projects, California has steadily increased energy-efficiency requirements for new construction. These regulations are Title 24. The Code for all the regulations is Title 24. The original intent of Title 24 was to […]
When an Office Building Sells, Tenants Pay
