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...
Need Office Space in Folsom? The Folsom office market is about as healthy as you can get. The overall vacancy sits at 4.2%, which is below Folsom’s vacancy rate before the Pandemic. The Market consists of about 5,700,000 SF and only 36,000 SF of new office...
Prop 15, AKA Split Tax Roll, is on the ballot, and it has been refined to increase its chance of passage. But even refined it is not the panacea the authors would like you to think it is. Essentially it is another California tax to raise money that is “supposed to”...
The last 3 months have been tough. I am a deal junkie – and withdrawal has been rough. It’s one thing to be weaned off, say by driving Uber or taking over my son’s door-to-door leaf raking business, but Uber is out, and there aren’t any leaves. When the going...
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...
While the Sacramento commercial real estate market seems white-hot, with property flying off the shelf, most buyers of commercial properties (not to be confused with multifamily) are deliberate and sensible. Recent sales in Midtown and Downtown certainly show that...
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.
