“Too Much Of A Good Thing?”

4th March, 2014 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

By headlines in the Feb. 21, 2014 San Francisco Business Times “Too Much Of A Good Thing?” questioning whether SF has too many tech jobs. Let’s see too many 20 & 30 year olds making $100,000 or more, running around eating out at local restaurants, shopping at local merchants, working for Google, LinkedIn, Salesforce – […] Read More

Cost-Effective Lighting Retro Fits Can Lead To Huge Savings:

27th February, 2014 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Cost-effective lighting retro fits can lead to huge savings. Occupancy or vacancy sensors foreclosed spaces as conference spaces are occupied 30-70% of the time ,offices 35% of the time, and bathrooms 10% of the time. Estimated payback: two years. Daylight harvesting ($65-180 per workstation for sensors and wireless controls), ROI 5 years, daylight harvesting can […] Read More

Employees Need To Be Able To Plug In At Work

26th February, 2014 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Electric vehicle charging stations – be the office or retail building that doesn’t offer this and you may be the building with fewer tenants and higher vacancies. As electric cars become mainstream, employees need to be able to plug in while at work. One advantage suburban offices have is land to put solar canopies on. […] Read More

Cost Savings Are Expected To Be Short Lived

25th February, 2014 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Commercial building utility expenses down 10% according to recent BOMA report based on study of 2,000 private sector buildings. However, at least here in California with our drought and anticipated cost spike in hydroelectric power, cost savings are expected to be short-lived. (Buildings 1.14) Tweet This Post Read More

Office design update: In an interview with Barbara Carlyle of Pivot Interiors

24th February, 2014 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Office design update: In an interview with Barbara Carlyle of Pivot Interiors (The Registry SF) on the future of office design: Pivot’s clients… “understand that the workplace is a strategic financial investment, one that is paramount to attracting and retaining the best talent. Pivot is coaching our clients to think beyond “square foot per employee” formulas. […] Read More

7th Reason You Should Use Tenant Represenation

19th February, 2014 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

#7 (out of 143) reason to use an Exclusive Tenant Representation on your office lease renewal or relocation – at different points in time, and with each landlord having different ‘hot buttons’ and lease concessions, the astute tenant rep broker, having spent his or her career knowing the differences between landlords, what deals were just […] Read More

Big Blocks of Office Space, Pay More for Less

26th December, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Big block office space and big rents- reports out predicting Manhattan will see 60 or more 100,000+ square foot office deals in 2013, with 46 of these over $100/sf for annual rents. Major tenants may be downsizing the square foot per employee ratio (from 250 square feet per employee down to 150-175 square feet per […] Read More

Commercial Real Estate Financing Update

20th December, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Commercial real estate financing- the Colliers Mortgage group report lots of money for decent financing or refinancing, non-recourse, assemble and at fixed-rates running about 2% over US Treasury for 10-year term. Tweet This Post Read More