A399,636-square-foot office property is for sale at 1515 S St. indowntown Sacramento.
SACRAMENTO, CA—According to Cushman & Wakefield's latestinvestment report, Sacramento office investments exceeded the $1 billion mark forthe third consecutive year in 2018, with nearly $1.14 billion intransactions. Last year represented the highest dollar volume onrecord for Sacramento's office market.
“Sacramento continues to draw significant interest frominvestors looking to capitalize on the burgeoning local economy,”says William Austin, senior analyst with Cushman & Wakefieldresearch in Sacramento. “Total investment activity across allsectors reached $1.14 billion during the fourth quarter of 2018,the seventh consecutive quarter surpassing $1 billion. This liftedthe overall total for 2018 to $4.48 billion, the highest annualamount 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.
