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David Herrera | Colliers | Sacramento - Downtown

David Herrera

Executive Vice President

License # 01484908

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About

Professional Summary

I have dedicated my career to working all things real estate in the Sacramento  Downtown/Midtown markets. My primary focus has been working in office product with tenants and landlords with a focus to understand client’s needs, identify and consider all possible options, and securing results that exceed expectations. As an advisor and an ally, I provide my clients with consultative services on site selection, financial analysis, lease and contract negotiations, as well as renewal and expansion assistance. I aim to be a resource for all Colliers Sacramento brokers looking to purchase, sell, or lease space in the grid.

Having negotiated millions of dollars in purchase and lease contracts, the utilization of innovative practices and knowledge of the intricacies of contract negotiation has earned me recognition as one of the prominent Downtown and Midtown commercial real estate agents.

Accomplishments

#3 Producer 2018 Colliers International Sacramento Offices

Top 5 Producers 2017 Colliers International Sacramento Offices

#1 Top Producer 2016 Colliers International Sacramento Offices​

#3 Top Producer 2015 Colliers International Sacramento Offices​

#1 Top Producer 2014 Colliers International Sacramento Offices​

Top 5 Producers 2013 Colliers International Sacramento Offices​

Top 10 Producers 2012 Colliers International Sacramento Offices

Top 5 Producers 2011 Colliers International Sacramento and Roseville Offices

Top 5 Producers 2010 Colliers International Sacramento and Roseville Offices

Top 10 Producers 2009 Colliers International Sacramento and Roseville Offices

Top 10 Producers 2008 Colliers International Sacramento and Roseville Offices

ACRE Broker of the Year Award 2007 Winner ROTY http://www.acre.org/boya.htm

Education

Bachelor of Arts Business Administration & Real Estate Land Use, California State University Sacramento

Memberships & Involvements

  • ACRE - (Association of Commercial Real Estate)
  • Inter-Fraternity Council

Clients

HCV Pacific Partners, Wells Fargo Bank, Tri Counties Bank, CIP, CA Lottery.

Services

Service Lines

Tenant Representation, Capital Markets, Landlord Representation

Property Type

Office, Retail

Featured Research

Oct 15, 2020

2020 Q3 Sacramento Office Market Report

More than seven months into the COVID-19 pandemic, most office workers are still working from home, but the lasting viability of remote working remains to be seen. The Sacramento region’s market vacancy rate increased 10 basis points quarter-over-quarter almost entirely due to more than 136,000 square feet of vacant sublease space hitting the market. The amount of available sublease space across the market increased 73 percent since the end of March to 962,393 square feet, the highest level seen since Q2 2009.
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Aug 3, 2020

2020 Q2 Sacramento Retail Market Report

Brick and mortar retail was already undergoing a dramatic transformation prior to the COVID-19 pandemic. Though the headlines of a retail apocalypse have been overblown and hyperbolic, e-commerce has certainly upended in-store sales across the country.
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Jul 13, 2020

2020 Q2 Sacramento Office Market Report

The COVID-19 pandemic has rattled office markets across the country. Companies are reevaluating their space needs as employees continue working from home. Sacramento is not immune from this economic disruption, however, its office market has not seen large amounts of new sublease space through the first half of 2020.
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Featured News

Dec 23, 2021

Bay Area restaurant group scooping up former Holy Driver building

Less than a week after its former tenant moved out, a Midtown Sacramento building that was previously the home of music venue Holy Driver is being purchased by a Bay Area restaurant group.
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Aug 4, 2021

Midtown building buyer looking at future residential conversion

The owner of 2523 J St. in Midtown Sacramento wants to get the building stabilized with new tenants, after buying it this week for $1.14 million.
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