The Only Deals Still Clearing

The national debt crossing $40 trillion isn’t what’s repricing Sacramento commercial real estate. Treasury yields are, and they didn’t hit every asset class the same way. Office values fell 15% while industrial rose 13%. Here’s who is still buying, why healthcare and owner-users dominate the buyer list, and what that means if you own a building.
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 […]
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 — […]
Keep Leasing or Sell? The Question Many Owners Eventually Face

At some point, many commercial property owners reach a crossroads. Their building has been owned for years. Loan is paid down, or close to it. The tenants are stable enough. The property has appreciated, and the rent checks keep coming in. Then the question starts to surface: Do I keep leasing this property, or is […]
The Dark Side of the Spoon

A Chili Story – Pass the spoon This whole thing started on a golf trip at Lake Shastina Golf Resort and Spa. We played a lot of golf, howled at the moon, and every morning walked onto the first tee – first to pay homage to the mountain – then to spank the ball just left […]
Tokyo Just Reminded Us Why Institutional Real Estate Fundamentals Still Win

The $800M sale of the Hyatt Regency Tokyo shows why strong fundamentals—income, location, and operations—still drive real estate returns worldwide.