801 K Street – arguably the most significant casualty from COVID 801 K Street, known as the Darth Vader Building or Renaissance Tower, is up for auction after falling out of contract with Ethan Conrad. 801 K Street was built in 1989; Wells Fargo Center at 400...
While sales volume is off in Sacramento, deals are getting done. Looking at what has been selling in Sacramento, two things became clear: Cap rates have increased across the board for investment properties. Some property types like class B multifamily, triple net...
Where have all the deals gone? Long escrows, no deal flow…. I don’t understand why more college graduates aren’t flocking to the dynamic and bone-crushing commercial real estate business. You can work whenever you want, sleep in, and there is no...
Happy New Year! How about the Kings? Last night they eked by the Utah Jazz. This seems to be a new way of winning for the Kings. I remember the Lakers in the ’80s with Magic Johnson running the offense; The Lakers won five championships in the ’80s. The Lakers found a...
In 2021, Bacon CRE was hired by the ownership of the Sacramento Bee Campus to sell the Office HQ Building consisting of 154,000 SF, an 11,600 Mid Century Industrial building, and a former daycare property. After 4 months of intense marketing, Bacon CRE generated 7...
Sacramento’s Time has come to shine When I moved to Sacramento in 1991, The Kings were six years old. The Railyards development was being touted as the next big development in downtown – with big projections for office buildings and some housing. Now...
Tom Bacon has been assisting clients with their commercial real estate needs since 1984. The commercial real estate industry is a long term, relationship business. In dealing with others, a level of understanding must be achieved before the end goal can be achieved. We focus on exceptional work every step of the process while keeping an eye on the desired outcome. An exceptional outcome is the natural conclusion to a professionally orchestrated transaction or assignment.