Skip to main content Skip to footer

MM Rancho Cordova's industrial market is strong, while office seeks a rebound

Quality_Drive_1536x1040

Reflecting the ripples still emanating from the splash of the Covid-19 pandemic that started 2 1/2 years ago, Rancho Cordova's office and industrial markets find themselves in very different places.

While the industrial sector has seen demand for both new buildings and available space overall, the office market is in retrenchment mode after many tenants shifted strategies to allow more working from home.

Continue reading in the Sacramento Business Journal...


Related Experts

Bob Shanahan

Research Manager

Sacramento

Bob entered commercial real estate at the start of 2015 at Colliers in Seattle/Bellevue and has more than seven years of commercial real estate research experience. A writer by nature, Bob is always trying to tell the story behind the numbers and go above and beyond to add value to his brokerage partners. Forever teachable and eternally curious, Bob strives to always be learning more while staying on the leading edge of market trends and remaining abreast of all pertinent real estate transactions and developments. Passionate about real estate and urban planning, Bob is dedicated to taking Colliers to the next level by providing market-leading thought leadership and trends analysis for his internal and external clients.. Bob is a natural-born storyteller, always digging into the statistics with unmatched nuance to craft a forward-looking narrative and outlook across the many sectors of commercial real estate he tracks.  

With extensive experience in office, industrial, multifamily, and retail research, and a developing competency in capital markets, life science, and healthcare/medical office, Bob assists brokers in the leasing and selling of property, providing best in class research support. He regulary provides market presentations for internal brokerage teams and external organizations. Bob focused primarily on the office and industrial markets in the Seattle/Puget Sound region from 2015-2017. From fall 2017 to early 2018, Bob was the office market research analyst at JLL in Sacramento with an emphasis on Downtown landlord-rep related research. 

Since May 2018, Bob has been back at Colliers in his hometown of Sacramento. Since mid-2018, Bob bas accelerated his career in the support of 40 brokers across the Capital City region. In late  2020, Bob was tasked with overseeing the Reno market while managing a new Research Analyst, and has taken on an increasing leadership role in the Northwest region, including leading the regional multifamily market report comprised of 10 markets from Northern California and Northern Nevada to Oregon and Washington. Bob has invested in his leadership development, recently completing the two year Management Development Program at Colliers in partnership with Harvard Business School and completing the year long Leadership Sacramento Class of 2021 through the Sacramento Metro Chamber Foundation.  

View expert

Scott Bennett

Executive Vice President

Sacramento

Landlords and Tenants rely on me for market knowledge, honest advice, and creativity to adeptly navigate their real estate needs in the Greater Sacramento area. I understand that real estate is a significant component to my client’s business and brand. For owner-users and tenants, the office space can significantly drive employee retention and satisfaction. Together, we find real estate solutions that match your culture and suit your long-term goals. With my partners at Colliers, we help our clients make informed decisions that make the most sense for their business needs.

After almost two decades in commercial real estate and over 30 years living in the Greater Sacramento Area, I have developed strong knowledge of the local submarkets. Through ongoing correspondence with outside brokers, I offer current and relevant market knowledge. Throughout this experience, I have learned that being a good advisor requires much more than simply understanding the market or deal analysis. By understanding the inner-workings of your business and the bigger picture, we can position you for success.

Outside of Colliers, I spend my time with my two children and wife. In the winter, you can find us skiing and snowboarding in Tahoe. During the warmer months, we enjoy camping and mountain biking. My passion for non-profit work has lead me to become an active member of the Leukemia & Lymphoma Society where I have been on the Man & Woman of the Year Committee since 2003.

View expert