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

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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

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Go Green or Go Home

Go Green or Go Home!   Being from California, going Green is not longer optional. From 1978 for residential – and 1980 for non-residential – the EPA has gradually accelerated the energy regulations around new construction. These regulations are Title 24. The Code for all the regulations is Title 24 http://www.energy.ca.gov/title24/ The original intent of Title

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News Break:  Sacramento Office Market Banned for Taking Performance Supplements

For decades, Sacramento has been considered a secondary or tertiary market.  For those who bought-in 3 to 5 years ago, they are now reaping the benefits.  Now that the office market has reached equilibrium, it is only a matter of a couple years until we will see meaningful uptick in construction of speculative office product. 

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It’s Just a Matter of Time

I attended a Panel Discussion Moderated by Randy Getz of CBRE at the Sutter Club in Downtown Sacramento this week.  Chuck Trainor, Managing Partner of Trainor Fairbrook, introduced David Taylor.  David Taylor humbly recounted his first development projects. Taylor has arguably had the most impact on Sacramento’s Skyline, developing The Sheraton, 1201K Street, 1215 K

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Sacramento’s Big Man is just getting started.

How About Those Sacramento Kings?  The Kings won last night without their Big Man, Cousins.  Frankly, they looked like a whole new team, with contributions from everyone, with six players in double digits.  Willie Cauley-Stein had a career high 29 points. Would the Downtown market be on such a winning streak without its Big Man?

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Sacramento’s Golden One Arena Makes Almost Everything Better

The Sacramento Kings staying in Sacramento was great, but the Golden One Arena and its profound ripple effect  is the biggest game changer since the Gold Rush. Other cities (San Diego, Denver, San Francisco, etc.) have developed new arenas and the impact on their economies have been great. However, in relative terms, Sacramento’s Arena will

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