The Only Deals Still Clearing
The national debt crossing $40 trillion isn’t what’s repricing Sacramento commercial real estate. Treasury yields are, and they didn’t hit every asset class the same way. Office values fell 15% while industrial rose 13%. Here’s who is still buying, why healthcare and owner-users dominate the buyer list, and what that means if you own a building.
The Sacramento Office Market: More Stable Than You Think
I relaunched my presence on here in June, after a period of quiet. I wanted to write again, post again, and reconnect with this market in a more visible way. It has been about ten weeks. And this week, I want to do something I do not see enough of in commercial real estate: give […]
Retail Is Not Dead, the State is back in the office!
Retail Real Estate Is Not Dead. Every few years, another headline announces the collapse of brick-and-mortar retail, the end of the shopping center, or the final victory of online shopping. It makes for a good headline. It also misses what has actually happened. Why Some Retail Struggled The retail centers that suffered the most were […]
Is Now a Good Time to Sell Commercial Property in Sacramento?
So Is It a Good Time to Sell? Here is the real answer to that question: it depends. And honestly, if you own a stabilized asset — strong tenants, market rents, no deferred problems, clean operations — why are you selling it in the first place? A well-performing commercial property that cash flows reliably is […]
The Hidden Strength of the Sacramento CRE Market
After more than three decades working this market, I still find myself explaining why Sacramento doesn’t need to be exciting to be worth paying close attention to. That’s not a criticism. It’s actually the point. Sacramento Commercial Real Estate: Not Flashy, Just Functional The markets that dominate the headlines tend to share a common flaw: […]
The Hidden Strength of the Sacramento CRE Market
Sacramento Commercial Real Estate: Not Flashy, Just Functional The markets that dominate the headlines are often the same markets that experience the biggest mood swings. They boom loudly, attract a flood of capital, get overbuilt, become too expensive, and then correct just as loudly. There is always a new “hot” market, and there is always […]
Keep Leasing or Sell? The Question Many Owners Eventually Face
At some point, many commercial property owners reach a crossroads. Their building has been owned for years. Loan is paid down, or close to it. The tenants are stable enough. The property has appreciated, and the rent checks keep coming in. Then the question starts to surface: Do I keep leasing this property, or is […]
1031 Exchanges: The Quiet Clock Behind Many Commercial Real Estate Deals
One of the biggest drivers of commercial real estate activity is something most people outside the industry rarely think about: the 1031 exchange. A 1031 exchange allows an investor to sell one investment property and reinvest the proceeds into another qualifying property while deferring capital gains taxes. It does not eliminate the tax. It pushes […]
Industrial Real Estate: The Unsexy Winner
If there is one property type that has quietly dominated commercial real estate over the past decade, it is industrial. Warehouses, distribution buildings, logistics facilities, contractor yards, flex buildings, last-mile delivery space, and light manufacturing buildings have become the backbone of modern commerce. They may not have marble lobbies, rooftop decks, or coffee bars with […]
Year-End Reflections
But deals do not come from emails, social media, or hope. They come from meaningful conversations.