Sacramento Office Market Report
| Average Asking Rent (Price/SF) | $2.06 |
| Availability Rate (%) | 11.4 |
| Net Absorption (SF) | -286,529 |
After 15 months of pandemic limitations, the United States has gradually moved into a new phase of reopening. California has fully reopened with no restrictions that were put in place because of the pandemic. Most restrictions that were put in place in March 2020 have been phased out: no more physical distancing, no capacity limits for businesses and no county tiers. Mask-wearing is still required in some instances and for those people who are not vaccinated. Now that businesses can operate without any restrictions, it has been a challenge for some, especially in the restaurant industry, as it has been difficult to find employees needed to fully open. Companies are cautiously finding a new normal with either gradually bringing workers back to the office, adopting a work-from-home scenario or a hybrid of both.
Sacramento Industrial Market Report
| Average NNN Asking Rent (Price/SF) | $0.73 |
| Availability Rate (%) | 2.4% |
| Net Absorption (SF) | 1,408,940 |
After the mid-point of 2021, the Sacramento region’s industrial real estate market remains as robust as ever. While many other asset types struggled with the effects brought on by the pandemic, the industrial market has not only weathered the storm but has emerged stronger than many thought possible. At the close of the second quarter, all key market metrics show that the Sacramento industrial market is at its strongest period in recent memory.
Download Sacramento Industrial Market Report 2Q21