“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

San Francisco Bay Area is a Job Magnet…

25th October, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

The San Francisco Bay Area is expected to be a job magnet for the entire United States for years to come. By 2040, the Bay Area will claim nearly 2.55 percent of all United States jobs, with 75 percent of these jobs expected to come from business and professional services, the health and educational sectors, […] Read More

Increases in San Francisco….

11th October, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Increase in San Francisco tech jobs 2012 to present: 36%; Number of tech companies in San Francisco: 1,892; San Francisco unemployment rate, August 2013 is 5.6%; Rate for California 8.9%. According to the San Francisco Business News Tweet This Post Read More

Northern California Uneven Job Growth….

18th September, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Northern California job growth is very uneven. “Much of the Bay Area, Los Angeles, Orange County and San Diego enjoy robust employment growth. Yet the East Bay, Central Valley and Inland Empire continue to struggle to add jobs”, according to the The San Ramon Valley Times 9/12/13. “The East Bay was hit much harder than […] Read More

There’s definitely a trend towards a more efficient use of space among office users …

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

“There’s definitely a trend towards a more efficient use of space among office users thanks to the advancement of digital file storage, Wi-Fi, and the like.”  According to CoStar, there are a number of factors involved in this, including length of lease, corporate standards, existing furniture and budgets for smaller, more efficient work environment.  Also […] Read More

The demand for office space will come from growth in employment …

22nd January, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

A quote from the SIOR 4th Quarter Professional “The demand for office space will come from growth in employment. The net payroll job addition is now very close to 5 million from the low point a few years ago. Still, we need to be mindful that 8 million jobs had been slashed during the Great […] Read More

Expectations of another year of lethargic economic growth …

18th January, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

“With expectations of another year of lethargic economic growth, companies are responding to the ‘new normal’ with almost constant cost-cutting. This risks a vicious circle of job cuts leading to weak consumer spending, contributing to more company cost-cutting … Wells Fargo is shedding space and moving jobs to less-expensive locales. Federal Express is parking older […] Read More

San Francisco … top investment market in the world

17th January, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

The San Francisco office market experienced its tenth consecutive positive absorption quarter with almost three million square feet of office transactions. Total net absorption for the year was almost 1.5 million square feet…the San Francisco unemployment rate dropped from 7.4 percent to 6.7 percent, and office rental rates have gone up 70 percent over just […] Read More

Cubicles are changing …

15th October, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Dilbertville in transformation … instead of a row of cubicles, there are table surfaces that can fit along the length of a wall with computer monitors that are attached to a metal railing, allowing workers to sit or stand and move their monitors as needed. These can accommodate 10 to 12 workers. There are also […] Read More

In Northern California one of the hottest retail phenomena …

10th October, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Is the new 650,000 square foot factory outlet retail center expected to open this November in Livermore, a town located about 40 miles from San Francisco to the East. There is already a second phase of the center in process which will take it up to about one million square feet of shops, and the […] Read More

Older Entries