What a difference two years makes I originally posted a similar article in 2021 when interest rates were under 4%. Developments have been completed, and others have started. On the commercial side, the State of California has completed several office buildings just...
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...
Where have all the deals gone? Long escrows, no deal flow…. I don’t understand why more college graduates aren’t flocking to the dynamic and bone-crushing commercial real estate business. You can work whenever you want, sleep in, and there is no...
Mark your calendar: 9-30-23. Capitol Mall. Sacramento Rotary is putting on the Sacramento Century Bike Ride to raise money for the Crisis Nursery. On September 30th at about 5:00 AM about 1500 Cyclists will start arriving on Capitol Mall to ride through the Delta...
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...
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.