Resilience – Sacramento Commercial Real Estate
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...
Sacramento Office Market Update
Before the pandemic, the Sacramento office market was on fire. Several large office leases were ready to be signed by the State, and then, because of Covid the leases were either canceled or put on hold. Fast forward 18 months, and the State is still stalled. And to...
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...
Sacramento Office Building Sales – How Will 2021 Fare?
Sacramento’s office sales market surpassed $500 million in the first quarter of 2020. Then the Pandemic hit. In the short run, the office market will probably experience an increase in leasing “activity.” However, the activity will probably result in negative...