Sacramento Office Building Sales – How Will 2021 Fare?

Sacramento’s office sales market surpassed $500 million in the first quarter of 2020. Then the Pandemic hit. In the short run, the office market will probably experience an increase in leasing “activity.” However, the activity will probably result in negative net absorption Downtown, while suburban markets will experience minimal positive net absorption. For example, a

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New Year’s Message Sacramento Bacon Commercial Real Estate

A New Year’s Message From Bacon Commercial Real Estate Business goal setting and New Year’s resolutions can be tough. Both require some extra introspection, and that’s typically easier when everything is going just right. New Year’s resolutions are usually personal, while business goal setting is clearly about business. But let’s face it – business and

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Sacramento Commercial Real Estate: Downtown Sacramento Office Market

Downtown Sacramento’s office market is keeping it together because tenants continue to pay their rent – even though a significant percentage of tenants are not using their offices.   COVID has changed how companies think about their operations, and they are beginning to consider the results of this 10 month experiment.  Sacramento’s Central Business District

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Sacramento Office Market & the Elephant in the Room

Sacramento Office Market Review November 2020 Since March 2020, the Sacramento office market has maintained occupancy levels. Sacramento tenants – from the State of California to law firms – are beginning to take steps to reinvent how they operate and what the corresponding office solutions will be. Over the last 5 years, Sacramento’s average rents

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Sacramento’s Del Paso Blvd is Due!

"It was a dark and Stormy night....." I first visited Del Paso Boulevard in 1991 after a King’s game at the ARCO Arena. I was new to Sacramento, I was navigationally challenged and suffered from impaired night vision. I don't remember who we played that night, but I do remember stumbling upon Del Paso Boulevard.

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Sacramento Core Heating up Just in Time for Summer

Every couple months I run a sales comp report to see what has sold recently.  This time I looked up: land, multifamily, office and retail sales that closed in the last 6 months. I own a couple properties myself.  I wish I had bought my properties when I moved to Sacramento in 1991.  Land sales

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