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Get ready for an infusion of entrepreneurship and software development that is now steadily growing in the Capital region.
Early this year, Gina Lujan, a native of Sacramento, left the Bay Area to return home. After successfully creating a collaborative workspace environment for software developers in Berkeley, she decided to replicate the business model and expand the vision in Sacramento. Around March 2012, Hacker Lab 
signed a commercial real estate lease for 850 square feet of second floor office space above Pangaea Café, located at 2743 Franklin Blvd in Sacramento. The space was used to provide rented desks and/or offices for local software developers who wanted to work in a tech community environment. Click Here to Continue Reading!
Despite declining retail vacancy rates, it’s still a tenant’s market throughout the Sacramento Commercial Real Estate landscape. The overall Sacramento retail vacancy rate dropped slightly to 9.8% during the 2nd Quarter of 2012, according to Voit Real Estate Services, who was recently quoted by the Sacramento Bee. This represents the second quarter in a row that commercial retail vacancy ended 
below 10%. According to the same source, commercial real estate vacancies within the Sacramento submarket of Carmichael reflect a much higher level of 11.3%. This phenomenon of higher retail vacancy rates often creates dramatic opportunities for businesses to sign commercial real estate lease transactions that are quite favorable to tenants. Click Here to read full article.