Commercial Brokers Say Coronavirus Not Having a Big Impact – Yet
Source: Sacramento Business Journal
Brokers: Ken Turton
If the coronavirus’ effects on everyday life are a wave headed for the economy, so far it’s not washing up much on the shores of commercial real estate.
Brokers and managers at three Sacramento brokerage offices said the effect is muted, though they said it’s also likely to change.
“We’re definitely seeing some rescheduling, but right now, all my deals seem to be making it,” said David Brandenburger, a managing director at Newmark Knight Frank’s Sacramento office. “Everyone is still focused on making business happen.”