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Sacramento Market Reports

Sacramento Office Market Report

Average Asking Rent (Price/SF)    $1.99
Availability Rate (%)    11.5%
Net Absorption (SF)  43,171

The Sacramento office market started 2019 a bit slowly, as a net 43,171 square feet was positively absorbed by the close of the first quarter, which had the slowest start of any quarter since the second quarter of 2018. Nevertheless, the first quarter marked the Sacramento Metropolitan region's 10th consecutive quarter of positive net absorption. The vacancy rate also dropped, to 11.45% from 11.51% at the end of the fourth quarter of 2018.

Sacramento Industrial Market Report

Average NNN Asking Rent (Price/SF)         $0.62
Availability Rate (%)           4.5%
Net Absorption (SF)   -429,995

The first quarter of 2019 marks the first time in 10 quarters that no positive absorption occurred. The overall vacancy rate increased from 4.3% to 4.5%. This small increase should not be a reason of concern, as 4.5% is still one of the lowest vacancy rates for this region.



Sacramento Office Market Report
1Q19
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Sacramento Industrial Market Report
1Q19
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