Home > Research > U.S. Market Reports Detail

U.S. Market Reports

Sacramento Market Reports

Sacramento Office Market Report

Average Asking Rent (Price/SF)             $1.86
Vacancy Rate (%)          13.68%
Net Absorption (SF)         100,047

The Sacramento office market maintained strong momentum through the fourth quarter of 2017, posting over 100,000 square feet of net absorption. This brings the year-to-date net absorption to just under 895,000 square feet and marks another year of healthy market statistics. It is the fifth year in a row of posting positive net absorption. Vacancy dropped to 13.7%, the lowest fourth-quarter vacancy since 2003, while leasing activity remained steady in most major submarkets. These statistics are consistent with a recent report by the Federal Bureau of Economic Analysis on the gross domestic product of the country's largest metropolitan areas for 2016. The Sacramento metropolitan statistical area grew at a rate of 3.1%, one of the highest growth rates in the country. This doubled the national average of 1.5% for other major metropolitan areas.

Sacramento Industrial Market Report

Average NNN Asking Rent (Price/SF)        $0.44
Vacancy Rate (%)        6.44%
Net Absorption (SF)   425,025

The Sacramento industrial market has continued to improve significantly over the past 12 months, posting a vacancy of 6.4%, a 10.0% improvement over last year. The lack of available product will render the search process challenging for both buyers and tenants in the coming months. Current market activity will continue to pressure vacancy down and push lease rates up.



Sacramento Office Market Report
4Q17
Download the PDF
Sacramento Industrial Market Report
4Q17
Download the PDF

Local Market Contact:

General Research Inquiries: