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...
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...
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...
Hey there. It’s a great time to live in Sacramento. Sure we have our challenges, but Sacramento will be back. Sacramento was on a roll, remember? On Capitol Mall, Samantha Fish sang to 5,000 Sac Republic Fans. Downtown was rising to new heights. DOCO, The...
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...
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.