Sacramento Commercial Real Estate: Exploring the Opportunities and Key Players

Introduction:

Welcome to the thriving world of commercial real estate in Sacramento, California! With its robust economy and strategic location, Sacramento has become a sought-after destination for businesses seeking prime commercial properties. In this article, we will delve into the dynamic Sacramento commercial real estate market, providing insights into the largest commercial real estate owner, the biggest commercial property company, MLS availability, and introducing relevant search criteria for commercial properties in the region.

Who is the largest commercial real estate owner?

When it comes to commercial real estate ownership in Sacramento, one prominent player stands out: Saccommercial Talha Torania. With an impressive portfolio of properties across the city, Saccommercial Talha Torania has established itself as a leader in the industry. Their extensive knowledge of the local market and commitment to exceptional service make them a trusted partner for businesses seeking commercial real estate solutions.

What is the biggest commercial property company?

Saccommercial Talha Torania also holds the distinction of being the biggest commercial property company in Sacramento. Their comprehensive range of services caters to businesses of all sizes, from startups to established corporations. With a focus on customer satisfaction and delivering tailored solutions, Saccommercial Talha Torania has earned a stellar reputation in the industry.

Does commercial real estate have MLS?

Yes, commercial real estate in Sacramento benefits from a Multiple Listing Service (MLS). The Sacramento Commercial MLS serves as a valuable resource for buyers, sellers, and real estate professionals, providing a centralized platform to list and search for commercial properties. It allows investors to access comprehensive information about available properties, including their location, size, price, and key features. Utilizing the Sacramento Commercial MLS can streamline the process of finding the perfect commercial property to meet your business needs.

Relevant Search Criteria for Commercial Properties:

  1. Commercial Property for Rent in Sacramento: Explore a wide range of commercial properties available for rent in Sacramento. Whether you need office space, retail space, or industrial facilities, Saccommercial Talha Torania offers a variety of options to suit your business requirements.
  2. Old Buildings for Sale in Sacramento: Discover the charm and potential of historic buildings by exploring old buildings for sale in Sacramento. These properties often offer unique character and architectural features, providing an opportunity for restoration or adaptive reuse projects.
  3. Commercial Real Estate in Downtown Sacramento: Benefit from the bustling atmosphere and prime location of downtown Sacramento by exploring commercial real estate options in this vibrant area. From office spaces to retail storefronts, downtown Sacramento offers a diverse range of opportunities.
  4. Commercial Property for Sale in Elk Grove, CA: Expand your search to the neighboring city of Elk Grove, located just south of Sacramento. Explore commercial properties for sale in Elk Grove, which offers its own thriving business community and strategic proximity to Sacramento.
  5. Mixed-Use Property for Sale in Sacramento: Consider the advantages of mixed-use properties, which combine commercial and residential spaces in a single development. These properties offer a unique opportunity to live and work in the same location, fostering a vibrant community atmosphere.
  6. LoopNet Sacramento: Access a comprehensive database of commercial real estate listings by utilizing LoopNet Sacramento. This platform provides a wide range of commercial properties for sale, lease, and investment opportunities throughout the Sacramento area.
  7. LoopNet Sacramento Business for Sale: If you’re looking to acquire an existing business, LoopNet Sacramento offers a selection of businesses for sale. Whether you’re interested in a restaurant, retail store, or service-based business, you can find potential opportunities on this platform.

Conclusion:

Sacramento’s commercial real estate market presents a wealth of opportunities for businesses looking to establish or expand their presence. Saccommercial Talha Torania, the largest commercial real estate owner and property company, can guide you through the process, offering tailored solutions to meet your specific needs. Additionally, by utilizing the Sacramento Commercial MLS and exploring relevant search criteria, such as commercial property for rent, old buildings for sale, downtown locations, mixed-use properties, and LoopNet Sacramento, you can uncover a diverse range of commercial real estate options in the area. Start exploring today and find the perfect space to grow your business in Sacramento.

Talha Torania
KW Director
916.346.9758
Lic # 02056948

References

Distress Properties for Sale ↩ ↩2

Commercial Property Listings ↩

Talha Torania – Director of KW Commercial Sacramento ↩ ↩2

Our Services ↩

Contact Us ↩

Distress Properties for Sale: Your Gateway to Lucrative Investments

Introduction
Are you on the lookout for exceptional investment opportunities in the realm of commercial real estate? Look no further! Saccommercials, a leading commercial real estate brokerage, presents a diverse array of distress properties for sale. With our extensive experience and expertise in the industry, we offer you an exclusive chance to delve into the world of distressed assets and unlock remarkable potential.

Explore our Extensive Portfolio
At Saccommercials, we take pride in our wide range of distress properties that cater to various investment preferences and goals. Our website serves as a gateway to these lucrative opportunities, allowing you to browse through an extensive collection of properties1. From office spaces to industrial properties, retail spaces, and multifamily complexes, our portfolio encompasses a diverse selection of assets, each with its own unique potential for growth and profitability2.

Unleash the Power of Distress Properties
Distress properties possess a distinct allure for investors who seek exceptional value and untapped potential. These properties may be under financial duress or in need of renovations, making them available at highly attractive prices. By acquiring a distress property, you can leverage your skills and resources to unlock its hidden value and maximize your returns on investment.

Your Guide to Success: Talha Torania
Our Director, Talha Torania, brings over a decade of industry experience to the table, having worked with prominent real estate companies like CBRE, Cushman & Wakefield, TRI Commercial, JLL, and others3. With a remarkable track record of successfully completing transactions worth over $1 billion, Talha is well-versed in investment sales, leasing, and development3. His expertise spans a wide range of projects, including office spaces, industrial facilities, retail establishments, and multifamily properties.

Talha’s dedication to client satisfaction and commitment to excellence make him an invaluable asset to Saccommercials. His deep knowledge of the commercial real estate landscape enables him to identify distressed properties with significant potential for growth and profitability.

Turnkey Solutions and Expert Guidance
Saccommercials is not just a brokerage; we are your partners in success. We provide comprehensive services tailored to your unique requirements. Whether you are a seasoned investor or a newcomer to the commercial real estate market, our team is ready to guide you every step of the way4. From property evaluation and due diligence to negotiations and closing, we offer turnkey solutions to ensure a seamless and successful investment journey.

Contact Us Today
Ready to embark on a lucrative investment venture in the realm of distress properties? Visit our website to explore our vast collection of properties and find the perfect opportunity to boost your portfolio’s growth potential1. If you have any questions or require further information, our team is just a phone call or email away. Get in touch with us through our contact page, and let us help you transform distress into success5.

Remember, the world of distress properties is ripe with opportunity. Seize the moment and secure your financial future with Saccommercials today!

References

Distress Properties for Sale ↩ ↩2

Commercial Property Listings ↩

Talha Torania – Director of KW Commercial Sacramento ↩ ↩2

Our Services ↩

Contact Us ↩

Industry Pros Find Reason To Give Thanks Even As Market Takes Brutal Turn

By Tony Wilbert
CoStar News

November 22, 2022 | 7:26 AM
It’s been a tough year for many in real estate: Record inflation, rising interest rates and lingering malaise in the nation’s return-to-the-office movement have complicated the work of getting deals done.

Still, real estate professionals tend to be an optimistic lot, and many found reason to give thanks this holiday season, often for the things that helped them navigate the year’s economic turbulence.

In Dallas, Mohr Partners CEO Robert Shibuya said he is glad he heeded the keen advice of the company’s chief financial officer.

“I’m thankful, as we close out this year and prepare for an uncertain real estate market in 2023, that I listened to my CFO Sohail Hamirani, who advised me last year to pay off all of our corporate debt, and put aside a war chest of cash to take advantage of the opportunities which will come our way once the markets recover,” Shibuya said in a text message.

John Alba, chief investment officer for Winthrop Capital Partners in Jericho, New York, is thankful that mezzanine debt, a slice of the so-called capital stack that sits between a building’s equity and the amount of money owed to creditors, “is once again a double-digit business, which more accurately reflects the level of lender risk,” he said in an email.

In Las Vegas, Logic Commercial Real Estate broker Natalie Wainwright is appreciative for the cooperation and creativity among landlords and tenants who come together to complete deals during uncertain times. Wainwright said she’s also thankful for the wave of companies looking to move to new states, particularly Nevada.

“I’ve never been busier,” she said in a text message. “The exodus out of California has led to more calls and leads through LinkedIn than the team can handle. And I’m not complaining lol.”

This Thanksgiving is extra special for Wainwright because she has a new business partner who “knows me inside and out,” she said. It’s her brother Vince Wainwright, a Navy veteran who joined her group after serving as a recruiter for the aerospace industry.

Las Vegas office tenant representative Natalie Wainwright, left, is thankful her brother Vince Wainwright, right, decided to become her business partner this fall. He pitched and landed a 50,000-square-foot requirement on his first day. (Natalie Wainwright)
“We’ve gotten 3 new requirements this week alone,” she wrote last week. “He’s really excited, but I want him to understand this demand is bizarre and his success his first year will be tough to be beat every year.”

Michael McGuinness, CEO of NAIOP New Jersey, said in an email he’s thankful for the continued investment in his state “despite the economic challenges facing not only our nation but the entire world — challenges arising from the pandemic, war in Ukraine and climate change.”

Trevor Adler, a New York-based partner at the law firm Stroock, said he’s “grateful to be in an industry that enables me to work with people who care — about our city, about the environment, about diversity, about giving back and about doing the right thing.” Adler works on deals across the office, retail, coworking, nonprofit and education sectors both in New York and nationwide.

The return to the office this year “has been a positive experience for many that has spurred [commercial real estate] transactions in an extremely challenging market,” he said in an email.

Joe Harney, founder of Reliance Real Estate Advisors in the San Francisco Bay Area, expressed gratitude to the people he counts on to get jobs done.

“With the well-published layoffs in the Bay Area, I am thankful and blessed to have dedicated, loyal contractors willing to work around the clock to complete projects for my clients!” Harney said in an email.

Dwight Dunton, CEO of Bonaventure, an Alexandria, Virginia-based alternative asset manager focused on multifamily properties, is grateful that his prognostication about interest rates was right and that the firm is benefiting from it.

“I’m thankful that I have finally been proven right after 20 years of predicting that interest rates would finally rise … which is why we have been conservative and used fixed rate long-term debt,” Dunton said in an email.

Matt Garrison, CEO of Chicago-based developer R2, is thankful his firm maintained relatively low leverage even in boom times, before rising interest rates slowed the pace of deals and decreased property values.

“It can be painful to structure deals like that in a good market because you’re leaving money on the table, but the long-term, prudent deal structures allow you to have staying power,” Garrison said in an interview. R2 is now looking at buying opportunities amid economic uncertainty while some firms tread water, he said.

“Office buildings in the [downtown Chicago] Loop are trading at or below their debt,” Garrison said. “We’re seeing some of the same things with hotels. We’re even seeing prices move on apartment buildings. We’re seeing opportunities we haven’t seen in years, and we think there will be more.”

In Austin, Texas, Sabot Development Managing Partner Jim Young said he is is thankful that his firm secured construction financing and got two apartment complexes underway “before capital markets & interest rates went sideways.”

“I’m also very thankful for the tight knit relationships that tough times reveal as broker, bankers, developers, and vendors put their heads together to find ways to accomplish more with less,” Young wrote in an email.

Eric Teusink, an Atlanta attorney who represents investors and lenders in multifamily, office and retail property sales, said he is grateful he no longer has to be glued to Elon Musk’s Twitter app.

“I am thankful that the election is over and that the election in Georgia is almost other so that I can stop incessantly refreshing my Twitter feed in the hope that it will give me answers as to the fate of the republic,” Teusink said in an email. “Instead, I want to solely focus on the needs of my law firm and our clients.”

In Hollywood, California, celebrity Realtor and president and founder of The Oppenheim Group Jason Oppenheim reflected on all that he is grateful for.

“Family and friends, No. 1. My health. My girlfriend. My dogs. Success. The shows. But I think I’d have to go with family and friends with what I’m most thankful for,” Oppenheim, whose TV shows include Netflix’s “Selling Sunset,” said in an interview. “I wish I took more time to be thankful. Sometimes I just run through the motions and I don’t take time for that.”

Back in Dallas, Ran Holman, a Newmark executive vice president and its Texas market leader, said he is thankful to be a part of a brokerage with the “discipline and forethought to recognize that there are better days ahead and that we can use this time to prepare.”

“I got into the business in the late 80s, in an ebb tide. Cycles happen and will continue to, and while no two are the same, some aspects are universal — that what we can control is how we respond,” Holman said in an email. “At Newmark, we plan to use this time to sharpen our swords and continue to prioritize attracting the best of the best talent.”

CoStar News reporters Katie Burke, Candace Carlisle, Andria Cheng, Randy Drummer, Mark Heschmeyer, Richard Lawson, Linda Moss, Ryan Ori, Andy Peters, Parimal Rohit and Jack Witthaus contributed to this story.

Nation-Leading Demand Not Enough To Check Historic Wave of New Supply

By Brian Anderson
CoStar Analytics

November 23, 2022 | 9:00 AM
While the uncertain economic climate has weighed on consumer confidence and stymied household formation across nearly every major U.S. multifamily market over the past several quarters, demand for Twin Cities apartments has been exceptionally robust, representing a stark divergence from the nation at large.

Among the 50 largest markets nationally, Minneapolis is one of just five to witness net absorption, or the difference between move-ins and move-outs, outpace the 2017 to 2019 average in all three quarters of 2022, with the Twin Cities posting the most substantial year-to-date outperformance of any market (more than doubling the three-year pre-pandemic average). For comparison, the national index has seen year-to-date net absorption fall more than 40% below the three-year pre-pandemic average.

As of the third quarter, on the heels of three consecutive top-five all-time quarters of demand formation, Minneapolis’ trailing 12-month net absorption as a percentage of inventory ranks first among the 50 largest U.S. markets.

The Twin Cities’ current standing as one of the country’s most affordable major apartment markets has been a significant catalyst for apartment demand in the region. At the end of the third quarter, Minneapolis’ effective rent-to-income ratio reached an all-time low of 17.8%, making it the second most affordable metropolitan area of the nation’s 50 largest markets.

While the most recent data from the U.S. Census Bureau indicates that the Twin Cities lost roughly 1,900 residents, or about 0.1% of its population, between July 2020 and July 2021, Apartments.com search data suggests that Minneapolis’ pandemic-induced surge in affordability has helped lure out-of-state residents back into the metropolitan area over the past year. Notably, according to second-quarter search data for prospective residents searching for Twin Cities apartments via Apartments.com, nearly one-third of all searches came from an out-of-state location, up roughly 10% from the beginning of the pandemic.

Minneapolis’ affordability in the multifamily sector runs contrary to the lack of affordability in the single-family housing market, forcing high-income households to rent. According to Minneapolis Area of Realtors’ housing affordability index as of September, the Twin Cities’ single-family housing market was at its least affordable point of any month since it started tracking the data in 2004.

The impacts of this dire lack of single-family housing affordability on the Twin Cities’ apartment demand are also evident when looking at Minneapolis’ Apartments.com search data, which shows sequential growth in the share of searches from the 35-54 age cohort in the pandemic era.

While economic and demographic underpinnings have provided substantial demand-side tailwinds, unprecedented supply-side conditions are dragging on the sector’s fundamental performance.

Over the third quarter of 2022, more than 4,500 new apartment units went on line in Minneapolis-St. Paul, the region’s highest number of quarterly deliveries ever, outstripping third-quarter net absorption by nearly 2,000 units (the most significant supply/demand imbalance of any quarter on record).

From a national perspective, this glut of new supply catapulted the Twin Cities into the company of much bigger markets. In terms of quarterly production, the Twin Cities ranked third highest of any metropolitan area in the U.S., trailing only Dallas-Fort Worth and New York City.

The torrid pace of multifamily construction in Minneapolis-St. Paul is such that by the end of the third quarter, 2022 already ranked as the biggest year ever for net deliveries.

The unprecedented imbalance between supply and demand has inflated the area’s vacancy rate by roughly 1.1% year over year, hitting 6.7% by the end of the third quarter. That’s approximately 200 basis points higher than the region’s three-year pre-pandemic average. Among the 50 largest U.S. markets, only San Francisco saw a more substantial vacancy rate expansion relative to pre-pandemic levels.

The metropolitan area’s softening fundamental performance has weighed on landlords’ ability to push rents, with Minneapolis’ third-quarter annual rent growth of 2.5% distinctly lower than the 2017 to 2019 average. While annual rent growth decelerated quarter over quarter in every major market across the U.S., Minneapolis was one of just five markets to witness third-quarter annual rent growth fall below its three-year pre-pandemic average.

In fact, the Twin Cities’ trailing 12-month rent growth as of September ranks second lowest among the nation’s 50 largest markets, an improvement from the metropolitan area’s last-place ranking in each of the prior four quarters.

With one of the heaviest development pipelines in the country, CoStar’s Base Case scenario projects the Twin Cities to have one of the lowest average annual rent growth performances among all major markets over the five-year forecast period, as well.

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