Sacramento office market reports

2024 Q4 highlights and trends

The Sacramento office market faced its second consecutive quarter of negative growth in Q4, driven by the State of California consolidating into state-owned buildings and allowing large leases to expire. While leasing activity saw modest improvement, a full recovery remains out of reach. However, prospective tenant activity has risen to its highest level since 2020, and the share of remote job postings continues to decline, signaling a gradual shift back to in-office work. Notably, annual investment sales volume increased year-over-year for the first time since 2018, with Downtown Sacramento emerging as a key focus for opportunistic investors.

-261k sf

Net Absorption

Net absorption declines for second consecutive quarter.

18.6%

Remote Job Postings

Remote-work job postings have fallen significantly from peak.

$347M

Investment Sales 

Investment sales activity increased in 2024.

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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