Most commercial brokers I talk with are cautiously optimistic about the office market. Frankly, for Sacramento, if it weren’t for the State of California vacating privately held buildings, the Sacramento office market would be a shining star, an eagle amongst turkeys...
I went to the Screening of “The Beautiful Game” sponsored by Lance Hastings, the Director of CMTA. It turns out that the members of this year’s class of Leadership Sacramento were there. The Guild Theater in Oak Park is a great venue that seats about 100 people. ...
Batter Up! Transforming Sacramento. During a walkthrough of a client’s new office, I noticed two red wires dangling from the entrance to my client’s building. The wire had been connected to a new security camera; I hope they got the heist on video! But even if...
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...
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...
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...
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.