The Capitol City continues well rounded growth
Sacramento’s Downtown renaissance, triggered by the completion of the Golden 1 Center, is continuing to flourish. As the State of California transitions from primarily leased office buildings to owned properties, there is an exciting opportunity to update the office space Downtown and generate growth of companies in the private sector. Paired with the metro’s low cost of living and high quality of life, Sacramento is an ideal draw for a growing tech or life science company.
In addition to the activity in Downtown and its surrounding submarkets, Sacramento is putting itself in position to become a distribution hub for the Western US transportation corridor. With nearly 10 msf of industrial space delivered over the past 3 years and over 10 msf of industrial projects in the pipeline, major occupiers not only have the space they need to grow their own footprint, but benefit from the strong labor demographics and services to the Sacramento metro.
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Thinking beyond Sacramento?
Whether your portfolio extends beyond Sacramento, or you simply want to understand how global real-estate trends can impact your strategy, we’re here to help. Cushman & Wakefield has a strong market presence throughout Northern California, with 12 offices and over 300 brokerage professionals. Additionally, all of our clients benefit from market intelligence and insights drawn from 400 global offices in 60 countries.
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