Sacramento office market reports
Q1 2024
The Sacramento office market faces high vacancy rates and reduced demand, but the start to year brings hope that recovery is on its way. Q1 2024 shows increased leasing activity, while Class A office vacancies, rates decreased for the first time since 2021. Job postings surged, albeit particularly in remote listings, reflecting improvement in the job market amid the pandemic's lasting impact on work culture.
Leasing Activity
Class A Vacancy Rate
Class A vacancy drops for the first time since Q2 2021.
Job Postings
Job postings have increased but so has remote work.
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