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The Sacramento Bee Campus is Selling, Piece by Piece

The Sacramento Bee Campus is Selling, Piece by Piece

by Tom Bacon | May 4, 2022 | Commercial Real Estate, Downtown Sales, Midtown Sacramento, Owner User, Sacramento Commercial Real Estate, Sacramento Development

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...
Resilience – Sacramento Commercial Real Estate

Resilience – Sacramento Commercial Real Estate

by Tom Bacon | Jan 31, 2022 | Commercial Real Estate, Downtown Sales, Office Leasing, Sacramento Commercial Real Estate, Sacramento Economy, Sacramento Office Space, Uncategorized

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...
Sacramento Office Building Sales – How Will 2021 Fare?

Sacramento Office Building Sales – How Will 2021 Fare?

by Tom Bacon | Jan 6, 2021 | Commercial Real Estate, Downtown Sales, Office Leasing, Sacramento Commercial Real Estate

Sacramento’s office sales market surpassed $500 million in the first quarter of 2020. Then the Pandemic hit. In the short run, the office market will probably experience an increase in leasing “activity.” However, the activity will probably result in negative...
Sacramento Commercial Real Estate: Downtown Sacramento Office Market

Sacramento Commercial Real Estate: Downtown Sacramento Office Market

by Tom Bacon | Dec 21, 2020 | Commercial Real Estate, Downtown Sales

Downtown Sacramento’s office market is keeping it together because tenants continue to pay their rent – even though a significant percentage of tenants are not using their offices.   COVID has changed how companies think about their operations, and they are beginning...
Sacramento Office Market – The Tale of two Sub-markets

Sacramento Office Market – The Tale of two Sub-markets

by Tom Bacon | Jul 8, 2018 | Commercial Real Estate, Downtown Sales, Midtown Sacramento, Owner User, Sacramento Commercial Real Estate

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...
When an Office Building Sells, Tenants Pay

When an Office Building Sells, Tenants Pay

by Tom Bacon | Jan 21, 2018 | Commercial Real Estate, Downtown Sales, Office Leasing, Sacramento Office Space, Tenant Representation

Sacramento CA: About a week ago, 621 Capitol Mall sold for $161,000,000. This amounts to $439 per square foot; nearly $100 a square foot more than what Wells Fargo Center sold for 14 months ago. 621 Capitol Mall (aka US Bank Tower) was built in 2008 and is home to...
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About the Author

Tom Bacon – BRE #00859571

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.

Recent Posts

  • The Sacramento Bee Campus is Selling, Piece by Piece
  • 2022 CRE Economics 101
  • Folsom Office Market – Sacramento Region’s Star
  • Resilience – Sacramento Commercial Real Estate
  • Sacramento Office Market Update
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tom@baconcre.com

 

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