In spite of the pandemic, most sectors of commercial real estate are on tilt, especially in the Sacramento-area. Now the question is how sustainable is this boom? As stimulus fades, inflation takes hold and if, or when, interest rates rise, what’s the forecast for our region? In this episode, Capital Rivers President Greg Aguirre answers the tough questions and offers his outlook on the market as we wind up summer and head into the fall season.
In this market update Greg takes a look at the Sacramento economy and the overall economy. He mentions thriving markets such as e-commerce and Amazon taking over the area. He states “As we all know, Amazon is expanding and thriving. They are expanding their warehouse here in Sacramento to over 855,000 square feet”. These warehouse and storage spaces are filling up fast and we don’t see that slowing down any time soon.
Capital Rivers is constantly staying up to date with commercial real estate news. To learn more about this and future updates from Capital Rivers Commercial,