Michael D. Stassi
Senior Vice President
Michael is a Senior Vice President in the Greater Sacramento Region. He currently represents several of the largest and most prominent Owners and Tenant in this market. Michael is currently working on several million square feet of agency assignments and tenant representation requirements. He is also underwriting over $250M worth of investments for both Sellers and Buyer.
Born and raised in Sacramento and in his 22 years in the industry, Michael has witnessed six (6) business cycles of varying degrees of severity. He uses this in-depth understanding of the market to institutionally approach and counsel his clients in making the most strategic and sound decisions given the circumstance. Michael uses the most accurate market data to validate and support his recommendations. Michael excels at identifying value-add opportunities and has a unique understanding of options for ownership, construction, and ground up development. In this most recent recession, Michael represented more than a dozen financial institutions selling over 100 OREO/Lender foreclosed properties.
10850 White Rock Road – Agency Representation: Transpacific Development / 194,000 SF
3160 Folsom Blvd - Agency Representation: HCP, Inc. / 91,000 SF
11971 Foundation Place – Agency Representation: McMorgan / 150,000 SF
10888 White Rock Road – Agency Representation: C-III / 64,000 SF
AT&T - Tenant Representation
Sprint Telecommunications – Tenant Representation
UCD Health Systems – Tenant Representation
CoreLogic –Tenant Representation
Acquisition – Libby Cannery Purchase / 275,000 SF
Disposition – University Research Park / 300,000 SF
Disposition – Orchard Creek Business Park / 34 Acres – Office Development
Education and affiliations
Michael attended the University of CA, Davis and graduated with a degree in Political Science. He is a member of the Commercial Investment Real Estate Institute and has had his CCIM since 1998.