As more space enters the Sacramento office market, availability rates are climbing to their highest level since the third quarter of 2015. Activity in the first quarter of 2023 resulted in sublease availability increasing to 1.8 million square feet, a new high for the market. As a result, sublease space now accounts for 11.3% of all space on the market.
After a Year of Stable Activity, Sacramento Office Availability Trending Higher
Large Office Campus Is Primary Culprit Behind Jump in Sublease Space
By Will Austin
CoStar AnalyticsMay 24, 2023 | 8:18 P.M.
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IN THIS ARTICLE
- Properties
- East Building
4151 Commerce Way, Sacramento, CA
- Blue Shield of California - Bldg B
4205 Town Center Blvd, El Dorado Hills, CA
- Blue Shield of California - Bldg C
4203 Town Center Blvd, El Dorado Hills, CA
- West Building
4191 Commerce Way, Sacramento, CA