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

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

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

Google Has Purchased Over 200 Companies In San Francisco….

23rd October, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

One of many reasons the San Francisco Bay Area is a booming tech center lies in the fact that Google has purchased over 200 companies, since 2010 … The secondary impact of these purchases may have increased their Bay Area office presence… Tweet This Post Read More

Multi-Family Investments….

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

According to Rich Martini of the Colliers Multi-Family Investments Group, the Real Facts-Meyers Research Group tracks twenty eight multi-family metros across the U.S. and ranks those metros according to eleven indicators, including; rent increases, occupancy, job growth, multi-family permit levels and estimated cap rates for stabilized properties.  The top three metros (markets) are as follows: […] Read More

Industrial Property Turned Into Office Properties….

14th October, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

CoStar reports that the nation’s equity REITS are selling large amounts of industrial property and in turn purchasing office properties, at a spread that “has almost doubled so far this year as compared to last year”… does this mean significant office rent increases are in the tea leaves? Tweet This Post Read More

Solar Power Power

12th September, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

The fastest growing energy source in the US is solar power. PV installations grew 76% in 2012. 300,000 PV systems in the US contributed 11% of all solar growth last year. 16 million solar panels are now installed. However, the commercial market is lagging well behind residential as 83,000 of 90,000 solar installations in 2012 […] Read More

San Francisco Condo Pricing for Next Year

21st August, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

San Francisco condo prices for projects that will be done next year, at least for one development that is now doing pre-sales, run from $1,025- $1,180 per square foot. $480,000 will buy you a 450 square foot studio. Compare that to the burbs where you might be able to get a four or five bedroom […] Read More

Between now and the year 2040 there will be a 30 percent growth in population in the 9 county Bay Area region …

6th August, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

There are 2 ways of looking at this … according to the SF business times August 2nd 2013 between now and the year 2040 there will be a 30 percent growth in population in the 9-county Bay Area region.  Which means a population increase of 2.1 million.  Great for business, but bad for future commuters … […] Read More

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