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

San Francisco East Bay Office Market Experienced a ‘Blip”

12th February, 2014 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

The San Francisco East Bay office market is still lethargic with vacancy rates in the 10-16% range, but during the past week I experienced an upward ‘blip’ I have not seen since 2001 before the dotcom melt down –spaces toured a week prior where the listing agent honestly admitted activity was slow and there were […] Read More

VC Investment Trends

7th January, 2014 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

According to National Venture Capital Corporation (reported in Business Facilities Oct. 2013), of the top five Centers for tech startups, San Francisco ranked #1, San Jose #2 and Los Angeles #5 out of all U.S. cities. And according to the San Francisco Business times December 20, 2013, in the 3rd quarter, $3.6 billion of venture […] 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

Trends in Open Office Design

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

Office collaboration through open design- the Big Ass Fan Company (BAFC) designed its new 80,000 square foot headquarters with an almost total open plan. Only one executive office, fabric cubicle walls, a cantina, clinic, and meeting rooms, an acoustical deck that absorbs and dissipates sound.  Six conference rooms and fifteen breakout rooms allow for a […] 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

Tech Potential for Suburban Offices

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

A recent article published in the National Real Estate Investor, October 2013, predicts that tech office growth will eventually spread outside the current core areas of San Francisco, New York, Chicago and elsewhere that have lower labor costs and rents and where there are more incentives for business… whether this occurrence remains to be seen, […] Read More

Commercial Real Estate Financing Update

20th December, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Commercial real estate financing- the Colliers Mortgage group report lots of money for decent financing or refinancing, non-recourse, assemble and at fixed-rates running about 2% over US Treasury for 10-year term. Tweet This Post Read More

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