Tag Archives: sacramento commercial real estate

Project Pipeline Points to the Rise of California’s Capital City

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August 17, 2016

By: Leo Canale, Senior Marketing Associate, JLL

Sacramento may be a little over 1.5 hours drive (without traffic!) from downtown San Francisco, but Millennials know it isn’t that far away from the Bay Area’s buoyant tech-driven economy.Above SacramentoSacramento’s appeal among Millennials has been well documented and that attraction for a Millennials powerful segment of… Read More

San Francisco’s Global Position

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By: Amber Schiada, Vice President & Director of Research

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As technology advances and communication grows ever more rapid and pervasive, one inevitable result is that global business competition becomes even more intense. The competition between cities is even more so.  There are now 500 cities around the world boasting more than one… Read More

Downtown Sacramento Pushes Commercial Real Estate Boundaries

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CRE boundariesBy: JLL Staff Writer

As a city, Sacramento is in the middle of a transitional period, evolving from a Monday-to-Friday government town to an 18-hour city with a “live-work-play” vibe. This evolution will only gain pace in the next few years thanks to the response of developers and community initiatives. 

Mayor Kevin Johnson’s “Think Downtown” campaign echoes the call made in the late… Read More

Urban in-migration and inner-ring suburban overspill in Sacramento

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By: John Sheaffer, Senior Analyst

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Not unlike many other US markets, midtown and downtown Sacramento have benefited from recent population growth, primarily fueled by millennials and baby boomers increasingly eschewing the suburbs for a more urban lifestyle. Regional employers have begun to… Read More

Brokerage says Sacramento office-space absorption nearly tripled in 2015

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By: Ben van der Meer, Sacramento Business Journal

After a strong end to 2015 office leasing, a broker with JLL Sacramento said there’s optimism coming into the new year.

During the fourth quarter, according to JLL, the market absorbed more than 416,000 square feet of vacant office space. Managing director Greg Levi put the year’s total for the region at 985,947 square feet, far beyond the 360,000 reported for 2014.

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#SacOnTheMap – Check Out Downtown Sacramento’s Transformation

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By: Leo Canale, Marketing – Sacramento

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Urban core projects continue down the pipeline

Downtown Sacramento is currently undergoing a renaissance, with a level of investment activity not seen since the 1920s. An improved local economy and new entertainment and sports complex have jump-started this momentum. In alignment with Mayor Kevin Johnson’s ambitious plan of building 10,000 new units, multi-family developers are capitalizing on the renewed interest in… Read More

Here’s What It Will Take to Build New Office Towers in Downtown Sacramento

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By: Ben van der Meer, Staff Writer, Sacramento Business Journal
Greg LeviGreg Levi, Managing Director, JLL Sacramento

Office-tower rents are creeping up. Occupancy is rising. Companies are coming back downtown after decades in the suburbs. So when will we see cranes again over

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A recession gone. A moratorium lifted. A long dormant region ready for growth.

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By: Elliot Williams, Research Manager

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After a six-year stalemate with no new development to speak of, the Natomas basin is poised for rapid growth following the decision by Congress to fund the remaining levee improvements needed to mitigate the flood risk that plagued the once vibrant region for years. With new flood zoning maps… Read More