Sacramento Office Space: Helpful Pointers

Sacramento is the capital of California. It is the seventh largest city in California. Sacramento office space puts you in the middle of the core cultural and economic center of the Sacramento Metropolitan Area which includes El Dorado, Placer, Sacramento and Yolo counties.

Location, weather and quality of life are just a few of the things that make Sacramento office space a great choice. Sacramento is a great place to live, work and visit. The city of Sacramento and the surrounding region has grown dramatically in the last 10 years. Opportunities for investment and new business abound. Sacramento office space provides you and your business a dynamic business climate.

In addition to local and state programs, new and existing programs have access to the Metro Chamber, whose main objective is business retention, expansion and establishing a long term regional development plan to strengthen all businesses in Sacramento. Existing businesses in local economies are the primary engines of economic growth, with about 80% of new employment in a region is due to the expansion of existing companies.

Commercial Corridors, Enterprise Zones, Expedited Permit Processing, Infill Development Program, Potential Tax Credits, Recycling Market Development Zones, Redevelopment Areas, Treatment Capacity Bank, and Workforce Assistance are some of the programs offered to companies that choose to do business using office space in Sacramento.

The Sacramento office space market continues to exhibit signs of gradual economic improvement. Office tenant demand will be neutral or slightly positive throughout the balance of 2010. This demand for office space will be driven by lower rents and greater concessions.

Because Sacramento is a well-known center for a wide range of economical and social activities, more and more people are making the switch to living in this city in the hopes of grabbing the better employment opportunities while also getting to experience interesting social events. Downtown Sacramento continues to be one of the region’s largest employment centers with an estimated downtown employment population of 70,644. In 2009 the office market continued to grow with the completion of the Bank of the West Tower, which added 467,942 sq. ft. of office space to Capitol Mall.

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