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. […]
You gotta “Ac-Cent-Tchu-Ate The Positive”
You Are What You Think I was talking with good friend who happens to be a commercial real estate broker in North Carolina. I call him when I want to save $150 on therapy. Like me, he is an independent broker and he had worked for a large national company. We talked about business, the […]
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.
Folsom Office Market – Sacramento Region’s Star
Need Office Space in Folsom? The Folsom office market is about as healthy as you can get. The overall vacancy sits at 4.2%, which is below Folsom’s vacancy rate before the Pandemic. The Market consists of about 5,700,000 SF and only 36,000 SF of new office space has come on line in the last five […]
Resilience – Sacramento Commercial Real Estate
Relativity: Relative to major markets in California and throughout the US, Sacramento is still a bargain: The average price of a Sacramento office building was $220 a SF in 2021 while the national average was $330 a foot. This disparity has attracted many institutional investors.
Sacramento’s Del Paso Blvd is Due!
It was a dark and stormy night on Del Paso Boulevard. I first visited Del Paso Boulevard in 1991 after a Kings game at ARCO Arena. I was new to Sacramento, navigationally challenged, and suffering from impaired night vision. After the game, I was elected designated driver. That would have been fine with a little […]
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 […]
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 are strong. […]
Should You Rent or Own in Sacramento’s Core?
As Sacramento’s skyline continues to welcome new additions and development is spurring increases to property values in the Downtown region, one may be curious as to what the changes mean to their ability to acquire property. Renting and owning property both come with benefits and disadvantages, so which is the better option? Review of Sacramento’s […]
Accidental Investor? What Now?
In 2017 Buildium and All Property Management administered the annual Property Owners Perspectives Survey to nearly 700 property owners in order to gauge interests and desires related to ownership of property; the results were consistent with the first survey – showcasing the types of property owners and their perspectives on managing real estate. Typesof Property […]