Sacramento Office MarketView Q3 2020

Sacramento office market poised for recovery 

• As the novel coronavirus continues to impact the economic climate of the Greater Sacramento area, the region is beginning to show signs of recovery. According to the State of California’s Employment Development Department, the Sacramento MSA added 11,800 total jobs between July 2020 and August 2020. Noteworthy sectors of growth include government, professional and business services, as well as education and health care. These industries remain top office users in the region, indicating the demand for office space in the Sacramento remains steady despite the recent emergence of sublease space and a handful of new vacancies.