Commercial Real Estate Insights
Sacramento Office Market – The Tale of two Sub-markets
What keeps you up at night? Your kid's latest Instagram post or their curfew violation? How about Croatia's upcoming match versus England? For me it is Sacramento office leasing and sales. Last week I got up around 3:00 AM with the question: How...
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....
“If you don’t know where you are, you don’t know who you are”
Uptown Studios HQ, Broadway Corridor, Sacramento “If you don’t know where you are, you don’t know who you are” - Wendell Berry When negotiating a lease, you have to pay attention to the bottom line, but you cannot forget about your team. No longer...
Amazon HQ2 Takeaways
Amazon Moving to Sacramento? No, but other Unicorns will! Last year, 238 Bidders for Amazon's 2nd headquarters submitted proposals to induce Amazon to locate 50,000 employees in their regions. Everyone I am certain had reasons but according to...
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...
Go Green or Go Home
Go Green or Go Home! Being from California, going Green is not longer optional. From 1978 for residential - and 1980 for non-residential - the EPA has gradually accelerated the energy regulations around new construction. These regulations are...
When an Office Building Sells, Tenants Pay
News Break: Sacramento Office Market Banned for Taking Performance Supplements
For decades, Sacramento has been considered a secondary or tertiary market. For those who bought-in 3 to 5 years ago, they are now reaping the benefits. Now that the office market has reached equilibrium, it is only a matter of a couple years...
Who Owns Sacramento?
Sacramento is on the radar of the world's investment community. With Properties selling for $600 to over $1,000 a square foot in top tier markets like San Francisco, Sacramento's class A office properties selling for $250 to $425 a foot seem like a...
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...
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