It is hard to believe, with the current I-680 Corridor (San Francisco East Bay suburbs) office vacancy rate currently at 16.5 percent …
16th August, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments
Leasing activity lethargic to look back on the Q1 2000 report, with “The North Contra Costa submarket with a vacancy rate of 4.9 percent … from late February to early March the market was hit with a rent spike, with asking rental rates increasing 21 percent … The Shadelands (Walnut Creek) kept on pace with the other two Walnut Creek markets, posting a vacancy rate of 2.1 percent.” Today the vacancy rate in Shadelands is 21 percent, but heck, it is only a decimal point differential …
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Posted on: August 16, 2012
Filed under: Commercial Properties, Office Leasing, Real Estate Investment, Retail Brokerage, State of California, The Economy
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