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

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

Downtown Walnut Creek (California) Sizzles

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

Downtown Walnut Creek Main Street retail space is getting expensive.  Broadway Plaza has given lease termination notices to about forty tenants in the way of the new remodel. I have heard of downtown store rates of $5/sf NNN. Ouch! Tweet This Post Read More

One novel concept in San Francisco is a shared office set-up …

13th August, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

One novel concept in San Francisco is a shared office set-up where startup companies and folks who want to work out of the house can do so with their young children within reach.  “Nextkids offers secure space for kids to eat, sleep and romp within feet of where moms and dads can plug in their […] Read More

In San Francisco, the tech boom has dramatically increased the need for bicycle parking at office buildings …

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

In San Francisco, the tech boom has dramatically increased the need for bicycle parking at office buildings.  In some cases as many as 10 percent or more of the employees in the office buildings use their bicycle to get to work.  Some buildings are now offering card-key access secure rooms for employees to park their […] Read More

As reported in the Harrisburg Commercial Real Estate Review, anticipate mobile work styles …

28th June, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

As reported in the Harrisburg Commercial Real Estate Review, anticipate mobile work styles and leverage mobility by: Plan for multiple generations at work; give people “environmental control;” design the workplace as a resource not a destination; incorporate sustainability into the workplace. Tweet This Post Read More

According to CoStar, the “The Unites States national average in late 2012 was 185 sf per worker.”

27th June, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

According to CoStar, the “The Unites States national average in late 2012 was 185 sf per worker.”  Large firms, representing about a third of all office space users, have increasingly moved towards more-standardized shared or non-dedicated office space.  Companies using more than 50,000 sf represent 36 percent of the total office stock.  If using some […] Read More

There are new major office campuses under construction in the Bay Area…

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

There are new major office campuses under construction in the Bay Area.  Nvidia is planning a triangle shaped one million square foot office campus, and Apple’s circular 2.8 million square foot campus in Cupertino begs the question what about the exit strategy?  I remember campuses in the past including the one million square foot concord facility […] Read More

I have heard a number of rumors that the 2.1 million square foot AT&T corporate facility in San Ramon is in the process of …

24th June, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

I have heard a number of rumors that the 2.1 million square foot AT&T corporate facility in San Ramon is in the process of being sold.  AT&T may be leasing back 800,000 square feet.  They have been moving a lot of jobs to Texas over the past several years, so this should come as no […] Read More

Older Entries