Midtown – Sold
Unicorns are extinct and many of them included exchange buyers. Office users have been in a coma (but I have noticed them starting to blink.) Developers are in hiding, and investors are extremely cautious.
“…all the things that revolutionized downtown Sacramento are still here…”
Downtown Sacramento might be down, but it is not out. It’s just a matter of time. How much time is TBD.
Maximize ROI with a Proven CRE Expert
Has your company changed how it does business? What I see – tenants are doing more with less – less space, less people, less parking, less days in the office, less in-person meetings and less makeup. Personally, I feel bad for my dry cleaner! I have been to the dry cleaner twice in the last […]
How About those Kings?
Happy New Year! How about the Kings? Last night they eked by the Utah Jazz. This seems to be a new way of winning for the Kings. I remember the Lakers in the ’80s with Magic Johnson running the offense; The Lakers won five championships in the ’80s. The Lakers found a way to win. […]
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.
Greater Sacramento Economic Council – Sacramento’s CEO
The Greater Sacramento Economic Council (GSEC) recently invited a select group of commercial real estate brokers to its office. Barry Broome, President and CEO, laid out GSEC’s game plan. The first step, which seems to be coming to a close, has been to get organized and get a lay of the land. GSEC understands the political […]