First it was back-office accounting and data processing jobs being sent overseas …

9th October, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

To India, Philippines and elsewhere, but the Los Angeles Times (7/29/12) reports that some health care companies are starting to shift clinical services and decision-making on medical care overseas. “Some of the jobs being sent abroad include so-called pre-service nursing, where nurses at insurance firms, for example, help asses patient needs and determine treatment methods […] Read More

Between HP announcing it will lay off 28,000 employees

8th June, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

over the next few years and the U. S. Postal Service moving forward on its plan to reduce its workforce by 150,000, the positive spin might be this new pool of available workers for expanding companies … unfortunately, for most of the U. S. there doesn’t seem to be a lot of expanding companies … […] Read More

As a country, the San Francisco Bay Area now ranks among the top 20 largest economies in the world.

29th March, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

It is home to the second-largest number of Fortune 500 companies in the United States after New York, it has more fast-growing companies than anywhere in the nation, almost half of the nation’s top clean-tech companies and seven of the top 10 social media companies.  Its universities host more top-10 graduate programs than anywhere in […] Read More

With national office vacancies still above 17 percent (and yes, they reportedly fell all the way from 17.6 percent to 17.3 percent …

12th January, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

so landlord brokers can claim the market is tightening and tenant rep brokers can say, wow, there sure is still plenty of office vacancy to still call this a tenants market … )  … meanwhile, San Francisco South of Market is the envy of most regions in the U.S. as they have almost run out […] Read More

I have been commenting for many years that one of the obstacles to reducing government expenses is their lack of flexibility versus …

6th January, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

the private sector.  One case in point is the millions and millions of jobs that corporate America has shipped to India, Philippines and elsewhere at a fraction of the cost if they had to keep these functions here.  I don’t know how many government components can be sent overseas with all the regulations, union restrictions, and […] Read More

The Cubicle is on its way out …

5th January, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

cubicles have come a long way from the first “personalized space” with movable walls surrounding a desk to the sleek models we see today with everything wired to the hilt, lots of overhead bins and movable drawers, flexible “stuff”, and even private offices made out of cubicles  (without a ceiling) … but now with iPads, […] Read More

On January 21, 2011 at a speech I gave to the Contra Costa County Bar Association I stuck my neck out and predicted …

22nd December, 2011 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

that the East Bay office market would officially recover on February 22, 2012.  So far this prediction is headed for accuracy, with some of the stronger submarkets like downtown Walnut Creek and San Ramon firming their Class A office rates, beginning to reduce concessions, while other submarkets such as Pleasanton and Concord are still concession-laden […] Read More

The new commercial real estate normal …

16th December, 2011 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Class A properties in much better shape, usually, and sometimes in great shape and at premium values, compared with the “Zombie Owners” (thanks Matt Thompson from our Colliers Dallas office for coining this) of Class B and for sure Class C that may be devalued due to loss of occupancy, lowered rental rates, tenant credit […] Read More

Some think that the U.S. hiring is tied to the residential real estate recovery and as long as home prices are still headed downward …

13th December, 2011 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

consumers will be reluctant to spend, retailers will be reluctant to expand, and in general companies will be reluctant to hire … as of Dec. 10, 2011 residential real estate prices for the past 12 months … went down 7.8 percent in Sacramento, down 5.1 percent in San Francisco, and down 6 percent in Los […] Read More

U.S. Corporations have sent millions and millions of office jobs that were formerly based in American office buildings over to India …

12th December, 2011 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

substantial cost savings, more flexibility (i.e. have you read the recent employer rules on what is required when you terminate an employee, and compare this with changing outsource offshore providers?) …  and for those of you who  are hopeful that maybe the overseas labor pool will get fully utilized at some point and become more […] Read More

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