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• CBRE Hotels Forecasts Modest RevPAR Growth for NoCal in 2025
5/28/25
This report provided by real estate services firm CBRE
CBRE forecasts that Northern California revenue per available room (RevPAR) will grow modestly in 2025, driven by increased group and business travel, as well as a proje...
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• Newly Built Childcare Facility in the Sacramento Area Sells for Over $600/sf
5/20/25
A local private investor paid $6.1 mil for a newly constructed, 10k sf ($610/sf) single-tenant childcare facility occupied by The Learning Experience in Elk Grove, a suburb of Sacramento. The property was sold by Armstrong De...
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• Sutter Health Leases Newly Renovated SIXSIXTY Building in Downtown Sacramento
4/24/25
Sutter Health has inked a full building medical office space lease for the newly transformed SIXSIXTY building in the heart of downtown Sacramento. The 120k sf building is owned by a joint venture of Revitate’s opportunity zo...
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• Sacramento Industrial Market Sees Vacancies Continue to Slowly Climb Up
4/07/25
This Sacramento industrial report provided by real estate services firm Kidder Mathews
Market Highlights
• Average asking lease rates increased QOQ to $0.82 NNN.
• Direct vacancy rate climbed from 5.7% to 5.9% YOY.
• Sales ...
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• First Phase of Mixed-Use Development on UC Davis Health Campus in Sacramento Nearing Completion
3/18/25
The first phase of Aggie Square, a mixed-use development situated on the UC Davis Health Campus in Sacramento, is nearing completion. The project, a development by Wexford Science + Technology in partnership with The Universi...
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• Two Quick Quack Car Wash Properties Sell in Separate Deals Totaling $5.38 Mil
2/12/25
Two new construction, single-tenant properties occupied by a Quick Quack Car Wash were purchased by two private buyers in separate deals totaling $5.38 mil. Both properties had a new absolute, NNN ground lease with an initial...
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• Sacramento Area Dutch Bros Ground Lease Sells for $2.7 Mil
2/07/25
A Sacramento-based private investor paid $2.7 mil for the ground lease acquisition of a Dutch Bros retail property in Cameron Park, CA. The property has a new, 15-year, absolute triple-net corporate-guaranteed lease in place....
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• Sacramento Area Retail Asset Fetches $675/sf
1/30/25
Shops II at Anatolia Marketplace, a 9k sf multi-tenant retail building in Rancho Cordova, sold for $6.08 mil ($675/sf). The pad building sits on a 2.04-acre parcel at 4011 Sunrise Blvd at the recently constructed Anatolia M...
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• The Bascom Group LLC and Oaktree Capital Management-Managed Account Close $126 Mil Sacramento Area Res Buy
1/27/25
The Bascom Group LLC, in partnership with funds managed by Oaktree Capital Management L.P. has acquired The Strand, a 408-unit newly built institutional quality multifamily community located in the highly desirable submarket ...
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• NoCal Grocery Store Property Sells for $7.2 Mil
1/20/25
A 32k sf NoCal retail property occupied by Sav-Mor Foods traded for $7.2 mil, or $225/sf.
The property sits on 2.59 acres at 570 Solano St in Corning, roughly 115 miles north of Sacramento. Sav-Mor is near other national re...
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• Jackson Square Properties Buys Sacramento Res Community in $52.5 Mil Transaction
1/17/25
Jackson Square Properties has acquired The Lofts, a 188-unit suburban Class A multifamily community in Sacramento’s Natomas submarket, in a $52.5 mil ($279k/unit) deal. The property was sold by Reliant Group.
The Lofts, loca...
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• Sacramento Industrial Market Sees Slowdown
1/09/25
This report provided by real estate services firm Kidder Mathews
Market Highlights
• Average asking lease rates fell QOQ and YOY to $0.81 NNN
• Direct vacancy rate climbed from 4.9% to 5.8% YOY
• Sales volume in Q4 fell t...
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• Construction Started on 655k sf Industrial Facility in Stockton for Home Depot
12/20/24
Trammell Crow Company (TCC) and JV partner Realty Income Corporation have broken ground on a 655.2k sf building that is being developed for The Home Depot in Stockton. Located at 320 McCloy Ave, the industrial facility is exp...
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• Fenway Capital Advisors Entity Refinances Sacramento Office Building with New Loan for $16.7 Mil
12/17/24
A Fenway Capital Advisors subsidiary has locked up a $16.7 mil refi on 100 Howe, a 130k sf, boutique office complex in Sacramento.
The five-year, interest-only loan was arranged by JLL Capital Markets and funded by Goldman ...
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• Ken Reiff Joins Kidder Mathews in Sacramento as Executive Vice President
11/21/24
Ken Reiff, SIOR has joined Kidder Mathews as an executive vice president in Sacramento. Reiff brings more than 30 years of commercial real estate experience, specializing in distribution warehouse space and food processing fa...
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• Trophy Office Tower in Downtown Sacramento Changes Hands in $117 Mil Transaction
10/31/24
PacWest Equities, an affiliate of Buzz Oates, acquired 400 Capitol Mall, a Class A, 501.3k sf trophy office tower in downtown Sacramento, for $117 mil ($233/sf) in an all-cash deal. The transaction represents the largest offi...
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• Hines Entity Buys 143k sf Medical Office Building in Sacramento
10/29/24
Sutter Medical Plaza, a 143.2k sf medical outpatient building in Sacramento, was purchased by a fund sponsored by Hines. The property, located at 1625 Stockton Blvd, sits on a five-acre parcel near Sutter Medical Center.
The...
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• North Sacramento Warehouse Property Trades in $5.8 Mil Transaction
10/09/24
A 58.2k sf warehouse in north Sacramento was purchased by a private investor in a $5.82 mil ($100/sf) transaction. The property is located at 600 – 610 Sequoia Pacific Blvd, just east of I-5 and adjacent to the American River...
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• New Chipotle Ground Lease in Rancho Cordova Sells for $4.34 Mil
8/06/24
A new property leased to Chipotle Mexican Grill with a drive-thru “Chipotlane” at Anatolia Marketplace shopping center in Rancho Cordova was acquired by a Bay Area-based 1031 exchange investor in a pre-sale. The absolute NNN ...
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• Davlyn Investments Locks Up $56 Mil Refi Loan on Sacramento Area Res Community
7/09/24
Davlyn Investments has landed a $56.2 mil refi loan on Ascent at the Galleria, a green-certified, 273-unit multifamily property located in Roseville, CA. The financing was arranged by Mitch Clarfield and Meghan Varga with New...
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