Sacramento Office Tops $1B Mark for Third Year

Total investment activity across all sectors reached $1.14 billion during fourth quarter 2018, the seventh consecutive quarter surpassing $1 billion, which lifted the annual total to $4.48 billion, the highest since 2000.

1515 S Street

SACRAMENTO, CA—According to Cushman & Wakefield’s latest investment report, Sacramento office investments exceeded the $1 billion mark for the third consecutive year in 2018, with nearly $1.14 billion in transactions. Last year represented the highest dollar volume on record for Sacramento’s office market.

“Sacramento continues to draw significant interest from investors looking to capitalize on the burgeoning local economy,” says William Austin, senior analyst with Cushman & Wakefield research in Sacramento. “Total investment activity across all sectors reached $1.14 billion during the fourth quarter of 2018, the seventh consecutive quarter surpassing $1 billion. This lifted the overall total for 2018 to $4.48 billion, the highest annual amount since 2000.”

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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