UP TO 80 PERCENT OF WORKERS COULD SEE JOBS IMPACTED BY AI

The chatbots are coming for your job. A new research paper claims that a staggering amount of employees could see their careers impacted by the rise of ChatGPT, a shockingly intelligent chatbot released in November. Read More …

GOOGLE FORGES AHEAD WITH NEW OFFICE CONSTRUCTION IN CALIFORNIA AND TEXAS

Google is remaining committed to large new office spaces it has leased but not yet occupied in Austin, Texas, and in Los Angeles as other tech giants make deep cuts to their real estate portfolios amid massive layoffs.

APARTMENT RENTS SURGE AS VACATION RENTALS REDUCE SUPPLY FOR TENANTS

Record growth in apartment rents in some of the biggest U.S. metropolitan areas coincided with more short-term rental listings, renewing concerns about housing affordability as more property owners cater to travelers rather than long-term tenants.

BANNON INVESTORS SELLING NATOMAS REAL ESTATE, INCLUDING GATEWAY 2020

Bannon Investors Ltd., the developers and owners of 12-story 2020 Gateway in South Natomas, are listing for sale both it and a neighboring three-story office building built in recent years on Natomas Park Driv

OPERATOR OF FIVE AREA MR. PICKLE’S STORES FILES FOR BANKRUPTCY REORGANIZATION

Yitbos Inc. is a franchisee of five Mr. Pickle’s Sandwich Shop locations locally, including 199 Blue Ravine Road in Folsom, shown here.The franchisee who filed for reorganization had expanded locally by buying other Mr. Pickle’s shops.

Keep up with the beat of the market. Call the Mueller Team to discuss current and future Real Estate trends impacting your portfolio.

1827 J Street

Region: Midtown Sacramento
Use: Retail/Restaurant
Lease or Sale: Lease
Sq Ft: 840 — 5,200
Lease Rate: $3.25 – $4.00 NNN

2221 Hurley Way

Region: Sacramento
Use: Restaurant/Retail
Lease or Sale: Lease
Sq Ft: 4,400
Lease Rate: $1.50 – $2.50 NNN

Local Real Estate Business man buys Good Year in Elk Grove. 8920 Elk Grove Blvd is now under new ownership and will be changing brands within a short time. Dan Mueller of Century 21 Select Real Estate, Inc. represented the buyer on this transaction.