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.
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 […]
Land Use Evolution in Midtown – 20th Place at 19th and F
Big doesn’t mean Bad Check out this article about 20th 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 development that shows how high-density development can fit right […]
Hybrid Working and The Government
Let’s talk about the Government. I have friends with the State of California, who say that it looks like “Work From Home” (WFH) is here to stay. Just think, If the State reduces its office space by just 20%, that amounts to over 1,000,000 SF downtown alone – that works out to 4,000 state employees […]
The Sacramento Bee Campus is Selling, Piece by Piece
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, a 11,600 Mid Century Industrial building and a former day care property.
Sacramento Rent Control?
The Costa Hawkins Repeal & Rent Control There has been a lot of talk lately about repealing the Costa Hawkins Rent Control law that was passed in the 1990’s. Costa Hawkins essentially curtailed a jurisdiction’s capacity to impose rent control. Now Unions and Tenant organizations are seeking to repeal Costa Hawkins (CA). What is puzzling […]
Sacramento’s Emerging Boulevard – Broadway
When I moved from Manhattan Beach to Sacramento in 1991, my new bride and I arrived behind the wheel of a Uhaul at 9:00 PM. We had a 800 S.F. rental lined up on Harkness in Land Park. We had no keys to the place, so we had to call the owner. He staggered out […]
It’s Just a Matter of Time
I attended a Panel Discussion Moderated by Randy Getz of CBRE at the Sutter Club in Downtown Sacramento this week. Chuck Trainor, Managing Partner of Trainor Fairbrook, introduced David Taylor. David Taylor humbly recounted his first development projects. Taylor has arguably had the most impact on Sacramento’s Skyline, developing The Sheraton, 1201K Street, 1215 K […]
Sacramento’s Big Man is just getting started.
How About Those Sacramento Kings? The Kings won last night without their Big Man, Cousins. Frankly, they looked like a whole new team, with contributions from everyone, with six players in double digits. Willie Cauley-Stein had a career high 29 points. Would the Downtown market be on such a winning streak without its Big Man? […]
Sacramento’s Golden One Arena Makes Almost Everything Better
The Sacramento Kings staying in Sacramento was great, but the Golden One Arena and its profound ripple effect is the biggest game changer since the Gold Rush. Other cities (San Diego, Denver, San Francisco, etc.) have developed new arenas and the impact on their economies have been great. However, in relative terms, Sacramento’s Arena will […]