Williamssays Sacramento is second to San Jose in the amount of retailproduct that will soon be available.
SACRAMENTO—California's major metropolitan markets recordedcontrasting levels of rental growth during the past year. Based ona survey of leasing activity for all retail space, Sacramento experienced the highest level of rental growthcompared to all other major markets.
Its growing economy, fueled by population growth, affordability and investment in urbandevelopment, speak to the market potential of this MSA. Accordingto CoStar data, Sacramento is California's most prominent emergingretail market. Sacramento's year-over-year rental growth rate is6.4%, more than double the growth rate of any other market in thestate.
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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.
