Should I buy or should I lease now?
What is the exit strategy? If for some reason you need to move out of the building, will you hold the asset and lease it out, or will you sell it? Is the property single purpose or will it appeal to a broad base of potential occupants?
Commercial Real Estate is all about Relationships
Whether you’re a buyer, seller, landlord, tenant, or broker, you build trust with every interaction. Consistency, reliability, transparency, and a common cause, build trust one brick at a time.
You Don’t Have to Bring Your Dog to Work Anymore!
You are probably very familiar with hybrid work. Frankly, most of us start dozing off when we see another article about “The New Normal,” and I was hesitant to write about it. But the changes in Sacramento are worth noting. Recently, I toured an organization that was downsizing from 12,000 SF to 8,000 SF. During […]
Sacramento CRE Perspective 2023
Before the Pandemic, Downtown was the crown jewel. Frankly, it was on fire. It will likely be another tough year for Downtown, but I am confident that Downtown will shine again! Everything that was there is still there, except office workers. And while we do have a significant challenge with the homeless population, I am confident that with the right leadership, the homeless population will be addressed.
Done Deals!
Larry was grinning like the Grinch and said, “Really, you got this?” “Yep,” I chirped back. “I got my license and I read a bunch of books!” Larry ordered us another martini.
Mixed Use? Office? Home? 2609 Capitol Ave checks all the boxes
The nice thing about Midtown is that you can walk to a variety of restaurants and shopping. Also, it is a great place to live and employees can walk to work.
Midtown – Sold
Unicorns are extinct and many of them included exchange buyers. Office users have been in a coma (but I have noticed them starting to blink.) Developers are in hiding, and investors are extremely cautious.
Tales from the Trenches
1985 Commercial Real Estate: How the West was Won. Sometimes I look back and just scratch my head. In 1984, fresh out of college, I started brokering commercial real estate with the Charles Dunn Company. I was living in a garage, it was hot that summer. LA was hosting the Olympics from Malibu to Downtown […]
“…all the things that revolutionized downtown Sacramento are still here…”
Downtown Sacramento might be down, but it is not out. It’s just a matter of time. How much time is TBD.
Maximize ROI with a Proven CRE Expert
Has your company changed how it does business? What I see – tenants are doing more with less – less space, less people, less parking, less days in the office, less in-person meetings and less makeup. Personally, I feel bad for my dry cleaner! I have been to the dry cleaner twice in the last […]