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Greater Sacramento is home to several global tech and life sciences companies, and is the only major metropolitan area that has highly skilled employment combined with low business costs and an affordable lifestyle.
At the end of the third quarter, the industrial market was in good shape with positive absorption that led to 165 millions square feet in occupancy gains.
Skilled nursing facility residents and employees will likely receive the coronavirus vaccine in the initial rollout, which points to credit positivity for the sector, Fitch Rating says.