Jeffrey Weil, CCIM, MCR.h, SIOR
Executive Vice President
San Francisco East Bay
1850 Mt. Diablo Blvd., Suite 200
Walnut Creek, CA 94596
Phone: +1 (925) 279 5590
License #: CA-00786195
Email: jeff.weil@colliers.com
Is your lease going to expire in the next 24 months? Or is your company looking to lease office space in the near future?
HubbleHQ has more than 1,000 offices in 250 buildings in London where companies can just pay and use the office space two or three days a week if their employees aren’t coming in more than that. There are lockers for the employees to secure their belongings on the days they aren’t there, and even…Read More→
The european office market, with a current vacancy rate of around 8.7%, appears healthier than our U.S. rate of 20%. There are varying reports of what the occupancy levels are, with one report stating that 70-90% of European office workers are back in the office, while another report had this sfigure closer to 57%, getting…Read More→
This may be a new record for the most office space, both direct as well as for sublease, in the United States, according to Avison Young. This is 23.7% of the office inventory in the country. Some positive trends that may improve office Landlord’s assets in this Bisnow April 8, 2024 article, “Swaths of layoffs…Read More→
Amazon Slashing office space, will save $1.3 Billion in Costs. Will let leases expire and negotiate early lease terminations. Starwood Capital paid almost $500 million in 2019 for three Downtown Oakland office buildings, and after just defaulting on a 364.5-million-dollar loan has given up ownership of 2100 Franklin, 2101 Webster and 1901 Harrison. San Francisco’s…Read More→
I have been predicting for some time that office occupancy will go up over the next few years-in my opinion from the roughly 50% where we are now to perhaps 70% once all the corporate mandates become effective. However, we will not get anywhere close to the pre-Covid levels as there has been a transformational…Read More→
“The self-proclaimed leader of the return-to-work movement is now staring down some of the emptiest office buildings in the country. Houston, Dallas and Austin are the first-, second- and third-most-vacant office markets among the nation’s largest 50 metros, according to Moody’s Analytics.”, according to Bisnow 2/29/24. I still think San Francisco has a higher vacancy, but…Read More→
Jeffrey Weil, CCIM, MCR.h, SIOR
Executive Vice President
San Francisco East Bay
1850 Mt. Diablo Blvd., Suite 200
Walnut Creek, CA 94596
Phone: +1 (925) 279 5590
License #: CA-00786195
Email: jeff.weil@colliers.com
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