Sacramento Five Fast Facts Q2 2019

William Austin • 9/12/2019
Cushman & Wakefield Sacramento’s research team has published a new infographic ‘Five Fast Facts‘ providing some of the most key data for Sacramento’s commercial real estate sector for the second quarter of 2019.

Sacramento 5 Fast Facts Q2 2019

1. Capital Markets: The year-to-date (Q2-19) sales volume nearly reached $1.5 billion. The market is expected to surpass $3.0 billion in annual sales volume for the fifth consecutive year. Office sales comprise the largest portion of year-to-date activity (38.3%) for the first time in the current economic cycle.

2. Job Growth: Healthcare created 37,000 new jobs in Sacramento since 2013, 54% more than the next closest industry which is construction.

3. Hospitality: More than 1,500 new hotel rooms could be coming to Sacramento’s urban core.

4. Lease Rates: Downtown Class A office asking rates reached a new record at $3.18 full service growth per month, representing a 6.4% year-over-year increase.

5. Construction: Improving office fundamentals and an extremely tight Bay Area market should encourage more spec development starts in the urban core.

View the full infographic below: 

Sacramento 5 Fast Facts Q2 2019

Related Insights

containers - industrial inventory
Article • Industrial

ATLANTA - Industrial Inventory Rises

Atlanta is a top-tier industrial market serving as the economic center of the Southeast and a critical distribution hub for the U.S. economy. The Transportation & Warehousing industry is one of Atlanta’s largest employers with 150,600 jobs, and has seen 29% job growth since 2012.
8/14/2019
St. Louis Five Fast Facts Industrial
Article • Industrial

ST. LOUIS - Industrial Five Fast Facts 2019

The St. Louis Industrial market enjoyed a banner year in 2019, with positive absorption of more than 5.0 million square feet (msf) and a vacancy rate near 5.0 percent. Asking rents peaked in 2019 and deliveries hit a cycle high, all signs of a very strong market.
David Hoebbel • 2/27/2020
New York city skyline
Article • Insights

NEW YORK - August Five Fast Facts Midtown South

Midtown South new leasing continued to surge in July, reaching an all-time high of nearly 2.2 million square feet to break the previous record of 1.0 msf from January 2005.
8/12/2019

Would You Like To Learn More?

Our professionals are ready to provide further details on this and many other topics.