Search
 
Features

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.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
1515 S Street A 399,636-square-foot office property is for sale at 1515 S St. in downtown Sacramento.

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.

Lisa Brown

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.

More from this author

Recommended Stories

Timing Was Right to Sell HP Plaza, CEO Says

Lisa Brown |

Northridge Capital LLC recently purchased HP Plaza for an undisclosed purchase price in a transaction that reinforces the strength of the new urban center in North Houston, CityPlace at Springwoods Village.

Financing Change-out Registers Barely a Hiccup

Lisa Brown |

Kylli Inc. got new financing for Burlingame Point, the 803,000-square-foot office/R&D campus slated for completion in 2020 that is fully leased to Facebook for occupancy by Oculus, Facebook’s VR firm.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.