Sacramento office market reports

2024 Q2 highlights and trends

Despite recent challenges, the Sacramento office market is showing signs of stabilization. After years of rising asking rates, recent quarters have seen a decrease due to high vacancy and low leasing demand. However, a drop in unemployment rates in Q2 2024 and growth in key industries suggest a strengthening economy, potentially stimulating future office market recovery.

253k sf

Net absorption

Positive net absorption breaks five-quarter streak.

13.2 msf

Availability

Total available office space has stabilized.

$2.55 FS

Class A asking rents

Class A office rates have begun to decrease.

Your source for the latest Sacramento office market reports

Get in-depth office market reports and insights from commercial real estate experts in the Greater Sacramento area. Avison Young advisors look at Sacramento commercial real estate activities and the latest Sacramento statistics to provide you expert market research on Sacramento's office properties.

Explore different topics like the latest office market pricing trends and analysis of Sacramento's current office real estate market conditions. Gain a better understanding of Sacramento’s office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in Sacramento's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in Sacramento.

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