2020 Office Space Rent & Sales
- $22.53 2020 Avg. Asking Rent
- 3.51% Y-o-Y Avg. Asking Rent Change
- 5.84% 2020 Office Vacancy Rate
West Sacramento office price per square foot in 2020 was $22.53 on average. This marked a +3.51% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 5.84% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- West Sacramento Class B Office Space$22.53
- California Class A Office Space$55.92
- California Class B Office Space$35.12
- California Class C Office Space$23.50
West Sacramento, CA Office Asking Rents by Class
2020 Office Construction in West Sacramento, CA
- West Sacramento, CA Total SF completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the West Sacramento office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
|CalSTRS Headquarters - Expansion||100 Waterfront Place, 95605||275,000||2022|
|Riverside Commerce Center IV||1030 Riverside Pkwy, 95605||120,075||2008|
|3500 Industrial Blvd||3500 Industrial Blvd, 95691||78,681||2008|
|CalSTRS Headquarters||100 Waterfront Place, 95605||409,000||2007|
|710 Riverpoint Court||710 Riverpoint Court, 95605||105,278||2003|
|Southport Office||2945 Ramco Street, 95691||50,000||2001|
|The Ziggurat||707 3rd Street, 95605||320,426||1997|
|2825 Kovr Drive||2825 Kovr Drive, 95605||37,699||1993|
|755 Riverpoint Drive||755 Riverpoint Drive, 95605||36,434||1992|
|Port Plaza Business Center||3950 Industrial Blvd, 95691||29,284||1989|
Worth noting among recent office completions on the West Sacramento market is CalSTRS Headquarters - Expansion, which is currently the largest new office development in the city, at 275,000 square feet.
See reports for nearby markets
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all West Sacramento commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.