Unicorns, Legislation, and a Lightning-Fast Deal: How a Long Shot School Site Closed Six Months Early
A rare school campus deal unfolded at 2331 Saint Marks Way in Sacramento, thanks to strategic timing, charter-friendly legislation, and strong Rotary relationships. What began as an unlikely opportunity became a reality through a lease-to-purchase structure, public-private alignment, and a vision that proved unicorns really do exist—with patience.
Deal or No Deal – There is always something!
Our clients’ needs constantly change, so it’s crucial to adapt and anticipate – even if they are unaware, they need help. Most clients or soon-to-be clients don’t know what they don’t know.
Dick’s House of Sport is Coming to Sacramento—And It’s About to Change the Game
Sactown = SportsTown In the last year, Sacramento’s PR machine has been busy! The Kings, The River Cats, and The Sac Republic are humming along. But in the last year, The A’s are readying the Sutter Park Field for MLB, The X Games are coming to Sac August 22-24th, and we just got word that […]
Transforming Sacramento – ULI – Studies and Theories with a Practical Touch
Batter Up! Transforming Sacramento. During a walkthrough of a client’s new office, I noticed two red wires dangling from the entrance to the building. The wire had been connected to a new security camera; I hope they got the heist on video! But even if they caught the perpetrator, the ticket would probably be less […]
Buildings for Nothing, Tenants Still Flee!
The investor can undercut market rents when they buy a building for 25 cents on the dollar. This creates tough sledding for many office building owners. It is particularly perilous because lenders are not lending on office deals.
Landlord to Lender: “It’s Just Shrinkage!”
The office market seems like a paradox. Businesses are downsizing, and vacancy rates are soaring, yet rents are slow to go down.
Land Use Evolution in Midtown – 20th Place at 19th and F
Big doesn’t mean Bad Check out this article about20th Place at 19th and F Street. 20th Place is a new project by Cassadyne Properties LLC, headed up by Robert Rodriguez. Patrick Molloy partnered up and acted as the project manager. Together, they created a special Midtown apartment development that shows how high-density housing can fit […]
Should I buy or should I lease now?
What is the exit strategy? If for some reason you need to move out of the building, will you hold the asset and lease it out, or will you sell it? Is the property single purpose or will it appeal to a broad base of potential occupants?
Commercial Real Estate is all about Relationships
Whether you’re a buyer, seller, landlord, tenant, or broker, you build trust with every interaction. Consistency, reliability, transparency, and a common cause, build trust one brick at a time.
You Don’t Have to Bring Your Dog to Work Anymore!
You are probably very familiar with hybrid work. Frankly, most of us start dozing off when we see another article about “The New Normal,” and I was hesitant to write about it. But the changes in Sacramento are worth noting. Recently, I toured an organization that was downsizing from 12,000 SF to 8,000 SF. During […]