The Sacramento market is poised for sustained population growth for the foreseeable future. This bodes well for all market segments, primarily for Retail and Multifamily. The Office market would be doing just fine if the State wasn’t vacating millions of square feet...
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...
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...
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...
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.