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Bob Shanahan | Colliers | Sacramento

Bob Shanahan

Research Director

Bob is the Research Director for Colliers in Sacramento, California and also oversees the Reno, Nevada market. With commercial real estate research experience going back to 2015, Bob provides a best-in-class research service offering for the 40+ brokers he supports and external clients he assists. Tracking market trends, uncovering the story behind the data, and adding value with forward-looking perspective, Bob leads his research team to provide unparalleled insights for his clients to make informed decisions in a competitive and ever-shifting marketplace.

Bob’s experience spans the diverse commercial real estate landscape. He has contributed to or produced local, regional, and national reports covering the office, industrial, multifamily, retail, capital markets, life sciences, medical office, and land asset classes. Assisting brokers in winning new business and providing market presentations for internal teams and external organizations, Bob is a sought after thought leader in Northern California. After starting at Colliers in Seattle/Bellevue in 2015, Bob has been at Colliers Sacramento since mid-2018. Bob has been quoted in The Sacramento Business Journal, The Sacramento Bee, The Registry, and Comstock’s Magazine, among other publications.

With increasing leadership responsibilities, Bob’s career has accelerated with the completion of the Colliers/Harvard Business School’s Management Development Program, Leadership Sacramento, and Urban Land Institute Sacramento’s Young Leaders Group. Bob’s passion for commercial real estate, economics, and urban planning are evident in the work he produces and his desire to elevate his research capabilities knows no limits. 

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About Me

Bob is the Research Director for Colliers in Sacramento, California and also oversees the Reno, Nevada market. With commercial real estate research experience going back to 2015, Bob provides a best-in-class research service offering for the 40+ brokers he supports and external clients he assists. Tracking market trends, uncovering the story behind the data, and adding value with forward-looking perspective, Bob leads his research team to provide unparalleled insights for his clients to make informed decisions in a competitive and ever-shifting marketplace.

Bob’s experience spans the diverse commercial real estate landscape. He has contributed to or produced local, regional, and national reports covering the office, industrial, multifamily, retail, capital markets, life sciences, medical office, and land asset classes. Assisting brokers in winning new business and providing market presentations for internal teams and external organizations, Bob is a sought after thought leader in Northern California. After starting at Colliers in Seattle/Bellevue in 2015, Bob has been at Colliers Sacramento since mid-2018. Bob has been quoted in The Sacramento Business Journal, The Sacramento Bee, The Registry, and Comstock’s Magazine, among other publications.

With increasing leadership responsibilities, Bob’s career has accelerated with the completion of the Colliers/Harvard Business School’s Management Development Program, Leadership Sacramento, and Urban Land Institute Sacramento’s Young Leaders Group. Bob’s passion for commercial real estate, economics, and urban planning are evident in the work he produces and his desire to elevate his research capabilities knows no limits. 

  • Colliers Northwest  / North Central Region Researcher of the Year, 2021 
  • Colliers Sacramento Outstanding Team Member, 2021 
  • Colliers Sacramento Most Media Mentions, 2020-2022

SELECT LIST OF QUOTED WORK IN ONLINE & PRINT MEDIA

  1. The Real Deal | Oakland's 2022 industrial market notches nearly $3B in sales (3/23/23)

  2. The Registry | Report: Sacramento's Industrial Market Finishes 2022 Strong Despite Market Headwinds (2/14/23)

  3. Commercial Property Executive | Marshall Medical Center, PATRA Expand Sacramento Footprint (1/23/23)

  4. Sacramento Business Journal | Slowdown in Sacramento office market reflected in sublease figures (12/29/22)

  5. Sacramento Business Journal | L Street office building sells for $55.1 million in tough overall market (10/3/22)

  6. Propmodo | The Top 5 Hottest Secondary Cities for Commercial Real Estate Investment (9/15/22)

  7. The Sacramento Bee | Will turning state offices into housing help solve Sacramento's affordability crisis? (6/11/22)

  8. Sacramento Business Journal | Sacramento's Office Space Shakeup (6/9/22)

  9. The Registry | Sacramento Industrial Poised for an Active Year Ahead, According to Colliers Report (5/6/22)

  10. 425 Business | PNW Multifamily Investment Sales Recover from Pandemic Downturn (3/24/22)

  11. Portland Business Journal | 'Constant undersupply:' How investors are cashing in on Portland's tight apartment market (3/18/22) 

  12. The Registry | Multifamily Report: "No Market is Really Struggling" (2/24/22)

  13. Commercial Property Executive | Buzz Oates Plans $750M Sacramento-Area Business Park (2/21/22) 

  14. Commercial RealEstate Direct | Sacramento, Calif., Industrial Market Sees Major Growth (1/3/22) 

  15. The Registry | Report: Sacramento Office Occupancy Continues to "Fall Deep into the Red" (10/22/21) 

  16. Sacramento Business Journal | Amazon reportedly filling 1.3 million-square-foot Metro Air Park building (1/7/21) 

  17. The Sacramento Bee | Even in a pandemic, Sacramento rents are spiking again. Why the Bay Area is to blame (10/14/20)

  18. Sacramento Business Journal | Downtown Dilemma: Covid-19's implications for Sacramento's urban core (7/23/20)

  19. The Sacramento Bee | High rents, too much competition: Is downtown Sacramento's restaurant scene in trouble? (9/26/19) 

  20. Comstock's Magazine | Are You Recession Ready? (7/11/19) 

  21. GlobeSt | Sacramento: The Last Frontier for Industrial Options? (3/12/19)

  22. GlobeSt | The Family Doctor is No Longer (In)dependent (3/4/19) 

  23. The Sacramento Bee | Sacramento had state's second highest rent increase. But there's good news for tenants too (9/6/18) 

Property Type

Industrial, Land, Office, Multifamily, Retail, Healthcare-Medical

Services

Research

Education

  • Colliers Management Development Program, Levels 1 - 2, in partnership with Harvard Business School  | November 2021 Graduation 
  • Commercial Property Research Certificate (CPRC), Colliers University | 2015
  • Loyola Marymount University, B.A. in English, writing emphasis |  2012 

Memberships & Involvements

  • Urban Land Institute Sacramento (Young Leaders Group) 
  • Leadership Sacramento Class of 2021 | Sacramento Metro Chamber Foundation
  • Greater Sacramento Ecomomic Council Certified Champion 

Please reach out to me for my references and colleagues or former colleagues who can vouch for my work ethic and expertise. 

11
Years of Industry Experience

How I can help

Research

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Featured Research

Aug 3, 2021

2021 Q2 Sacramento Retail Market Report

Sacramento’s retail market restart began with the removal of business restrictions across California in mid-June 2021. Though businesses are now operating at full capacity, many employers are struggling to fill open kitchen and staff roles despite elevated unemployment levels. Net absorption is negative through the first six months of the year, but leasing activity is starting to pick up. Leasing demand is propelled by grocery stores, discount stores, quick service restaurants, home improvement stores, and fitness operators. Though the retail market faces ongoing challenges, the region’s strong population growth since the pandemic and rising housing construction should lead to higher demand and activity in the second half of the year. 
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Jul 15, 2021

2021 Q2 Reno Industrial Market Research Report

Reno’s Industrial Market Maintains Momentum - Reno’s industrial market fundamentals continued to excel this quarter as overall vacancy compressed to 3.1 percent – a 220 basis point decline year-over-year.
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Jul 15, 2021

2021 Q2 Sacramento Industrial Market Report

Sacramento’s evolution into a big-box distribution market helped accelerate its impressive growth rate in the second quarter of 2021. Quarterly net absorption of 2.8 million square feet for all industrial property types is the highest quarterly total since 1998 with Amazon accounting for 1.5 million square feet of new supply and absorption. The warehouse/distribution market vacancy rate continued its decline to 4.3 percent, a decrease of 70 basis points year-over-year. Strong leasing activity at newly vacant and recently delivered properties will continue to elevate net absorption totals moving forward as developers attempt to meet surging demand. Sales activity over the last 12 months hit the highest total in three years as the market continues to attract investors looking to place capital. Average warehouse/distribution asking rents increased 12.6 percent year-over-year to a record-high of $0.60/SF NNN as landlords continue to have the upper hand in lease negotiations.
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Featured News

Oct 14, 2020

Even in a pandemic, Sacramento rents are spiking again...

It’s yet another sign of a new Bay Area migration to the Sacramento region: Apartment rents in the ultra-expensive San Francisco area plummeted this summer, while increasing in the capital region.
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Bob Shanahan | Colliers | Sacramento

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