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Office Insight

United States | Sacramento, CA

Report | Sacramento Office Insight - Q1 2011

Summary

Job growth continues to lag behind state and national trends, but signs of recovery are emerging. Market activity appears to be increasing, driven by both occupiers and investors. Tenants are taking advantage of favorable market dynamics to upgrade into higher quality space in better locations. Investors are anticipating greater buying opportunities as more distressed assets come to the market.
Landlords continue to offer incentive packages to attract tenants, including free rent, blend-and-extend deals, and tenant improvement allowances. Rents and vacancies are expected to remain flat in 2011, although demand will likely pick up through the remainder of the year. 

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