Possible Sale of Safeway Stores….

5th March, 2014 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

The recent rumors of a possible sale of Safeway Stores have severe negative implications for the Pleasanton CA office market. In addition to the hundreds of thousands of square feet of office space Safeway headquarters either owns or leases, there are also a multitude of food supplier and vendor office in Pleasanton whose sole reason […] 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

AT&T Is Downsizing And Charles Schwab Is Relocating

21st February, 2014 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

AT&T will be downsizing 900,000 square feet at their San Ramon facility, which using a 200 sf per employee model, represents 4,500 jobs moving to Texas. Charles Schwab just announced it will be moving 1,000 jobs from San Francisco to Texas. I guess that is better than sending all those jobs to India or the […] Read More

San Francisco Unemployment

20th February, 2014 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

San Francisco unemployment Jan 2010: 10%, but as of Dec. 2013: 4.8%, and Marin County is: 4.2% (as of 12/13) Tweet This Post 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

Primo Orpilla Discusses Current Office Trends

18th February, 2014 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

In an interview published in the San Francisco Business Times 1/11/14, Primo Orpilla of Studio Q & A discussed current office layout trends. “Offices have evolved into more democratic spaces, with a much less hierarchical structure and executives and management blended with staff. Gone are the cube farms, replaced by relaxed yet functional work environments. […] Read More

A Company Called Blueseed

6th January, 2014 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

A company called Blueseed wants to park a boat full of start-ups in international waters 12 miles off California’s Half Moon Bay. Foreign entrepreneurs who want to come to Silicon Valley would use Blueseed to make an end run around immigration laws! . A 30 minute ferry ride lands them in Silicon Valley for meetings […] Read More

What US Aging Population Means for Office Buildings

30th December, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

How will the aging boomer population affect the design of office space as well as change the types of occupancy? “Today, 10,000 Baby Boomers reached 65. The same thing happened yesterday and the same thing will happen tomorrow. In fact every day, for the next 15 years 10,000 Baby Boomers will reach that age milestone.” […] Read More

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