Sacramento Commercial Real Estate Market as of July 2020
The last 3 months have been tough. I am a deal junkie – and withdrawal has been rough. It’s one thing to be weaned off, say by driving Uber or taking over my son’s door-to-door leaf raking business, but Uber is out, and there aren’t any leaves. When the going gets tough, the tough learn […]
The show must go on.
One of my favorite motivational speeches took place at the Delta House in the 1960s. Bottom line: When the going gets tough, the tough get going. You may not think that you have the time to watch this video, but you will be glad you did. During the beginning of the speech, Bluto (Belushi) rallies […]
Sacramento’s Del Paso Blvd is Due!
It was a dark and stormy night on Del Paso Boulevard. I first visited Del Paso Boulevard in 1991 after a Kings game at ARCO Arena. I was new to Sacramento, navigationally challenged, and suffering from impaired night vision. After the game, I was elected designated driver. That would have been fine with a little […]
Sacramento Core Heating up Just in Time for Summer
Every couple months I run a sales comp report to see what has sold recently. This time I looked up: land, multifamily, office and retail sales that closed in the last 6 months. I own a couple properties myself. I wish I had bought my properties when I moved to Sacramento in 1991. Land sales […]
Sacramento Core Heating up Just in Time for Summer
Every couple months I run a sales comp report to see what has sold recently. This time I looked up: land,multifamily,office and retail sales that closed in the last 6 months. I own a couple properties myself. I wish I had bought my properties when I moved to Sacramento in 1991. Land sales are strong. […]
Who Needs a Broker?
With all the information on line, many tenants are searching for office space without a broker. Can you imagine? I Can. I get calls from tenants that are frustrated. The office market data is often out of date and many leasing options are not visible without a subscription. Beyond the lack of good data, tenants […]
Institutional and Out-of-Town Investors Create Value with Perspective
Sacramento office investment sales are up. And the majority of investors are institutional and from out of town. Sacramento has long been considered a second-tier market. Today, many investors believe second-tier markets hold the greatest opportunities. Is it really almost Easter? Institutional and out-of-town investors create value with perspective. Example: Seagate Properties from San Rafael […]
Sacramento Commercial Real Estate Performance -“Enhanced” by OZ!
As a CCIM, I receive a monthly magazine focused on Commercial Real Estate. The March-April article, “Getting to know Opportunity Zones” reignited my interest. Anyone who is looking into Sacramento commercial real estate investment should know where the Opportunity Zones (OZ) are. Recently 830 K Street sold to a Los Gatos investor; 830 K is […]
Should You Rent or Own in Sacramento’s Core?
As Sacramento’s skyline continues to welcome new additions and development is spurring increases to property values in the Downtown region, one may be curious as to what the changes mean to their ability to acquire property. Renting and owning property both come with benefits and disadvantages, so which is the better option? Review of Sacramento’s […]
Accidental Investor? What Now?
In 2017 Buildium and All Property Management administered the annual Property Owners Perspectives Survey to nearly 700 property owners in order to gauge interests and desires related to ownership of property; the results were consistent with the first survey – showcasing the types of property owners and their perspectives on managing real estate. Typesof Property […]