Sac Bee HQ Call For Offers July 26, 2021
Offers are due for the acquisition of the former Sacramento Bee HQ on July 26. Over the last month there have been over 30 tours of the site. There are a variety of Buyer types evaluating the opportunity including Office, Mixed-use, CoWorking, Senior Housing, Medical, and Educational. For more information, take a look at this: […]
What Is Land Selling for In Midtown Sacramento?
If we looked at the most recent sales in Midtown Sacramento properties seem to be averaging around $100 a square foot. This average includes sales that occurred in 2019. During Covid, Sales were off considerably. Virtually all the sales are for residential developments. Six recent sales illustrate where Midtown land values are at. Recent […]
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 […]
Sacramento Rent Control?
The Costa Hawkins Repeal & Rent Control Lawmakers passed the Costa Hawkins Rent Control law in the 1990s, and now many groups are pushing to repeal it. Costa Hawkins essentially curtailed a jurisdiction’s capacity to impose rent control. Now Unions and Tenant organizations are seeking to repeal Costa Hawkins (CA). Cities want to reduce housing […]
Sacramento’s Big Man is just getting started.
How about those Sacramento Kings? They won last night without their Big Man, Cousins. The team looked completely different. Six players scored in double digits. Willie Cauley-Stein had a career high 29 points. The Arena Continues to Drive Growth Would the Downtown market be on such a winning streak without its Big Man? I don’t […]
Sacramento’s CORE: Par, Birdie, Eagle. Albatross next?
Sacramento’s Core (Midtown and Downtown) is not very sneaky. In fact the whole world has taken notice. Here’s something I didn’t know about Core: he took up golf and made the PGA Tour in 2015. In a matter of months, Core has risen to the top of the money list! After a remarkable third round […]