Golf’s Lessons A young man with a few hours to spare one afternoon figures that if he hurries and plays very fast, he can get in nine holes before he has to head home. As he is about to tee off, an old gentleman shuffles onto the tee and asks if he can join him....
Where have all the tenants gone? Long time passing Where have all the tenants gone? Long time ago Where have all the tenants gone? Covid struck them one by one When will they ever lease? When will they ever lease? Where have all the State tenants gone? To expensive...
What a difference two years makes I originally posted a similar article in 2021 when interest rates were under 4%. Developments have been completed, and others have started. On the commercial side, the State of California has completed several office buildings just...
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...
Sacramento’s office market cannot be generalized. You have to look at each submarket – and in some submarkets – there are multiple “centers.” For example, in Midtown there are probably three or four. The same is true for Downtown. I...
Late in 2022, I got a call from a Midtown Sacramento property owner who owned a 3,000 SF duplex located at 2230 K Street. She was looking to sell the building, and she needed an opinion of value. The duplex was 100% occupied, but the business was slated to move out...
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.