Sacramento Office Market Report
| Average Asking Rent (Price/SF) | $2.01 |
| Availability Rate (%) | 10.4 |
| Net Absorption (SF) | -73,903 |
As 2020 ends, the country is still battling the pandemic, but a bright spot is on the horizon. A vaccine has been approved, and vaccinations are being distributed and administered per states’ guidelines. Even with a vaccine, returns to office space will be measured, and facemasks and social distancing are likely here to stay in 2021.
Download Sacramento Office Market Report 4Q20Sacramento Industrial Market Report
| Average NNN Asking Rent (Price/SF) | $0.66 |
| Availability Rate (%) | 3.0 |
| Net Absorption (SF) | -1,076,930 |
The onset of the pandemic in the early part of 2020 caused substantial concerns for the overall commercial real estate markets. Throughout 2020, the retail, hospitality and office sectors have been substantially impacted as a result. The industrial sector has been less impacted, both on a national, as well as a local, level.
Download Sacramento Industrial Market Report 4Q20