“Too Much Of A Good Thing?”

4th March, 2014 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

By headlines in the Feb. 21, 2014 San Francisco Business Times “Too Much Of A Good Thing?” questioning whether SF has too many tech jobs. Let’s see too many 20 & 30 year olds making $100,000 or more, running around eating out at local restaurants, shopping at local merchants, working for Google, LinkedIn, Salesforce – […] 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 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

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

Hot in the Valley, red-hot in San Francisco….

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

“Things are hot in the Valley (Silicon Valley), but red-hot in San Francisco,” according to Mike Sullivan, a partner with Pillsbury Law. Silicon Valley has been growing its tech workers at an average of 3.6% over the past three years, while San Francisco is sizzling at an average growth rate of 9.4%. San Francisco now […] Read More

Silicon Valley Companies Haven Taken Over….

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

Silicon Valley Companies have taken over 700,000 square feet of office space in San Francisco over the past year, from tiny start-ups to big giants like Cisco and LinkedIn. The talent, which is pouring in from all over the United States to be part of this new Internet Gold Rush, is the reason for this.   […] Read More

San Francisco Bay Area is a Job Magnet…

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

The San Francisco Bay Area is expected to be a job magnet for the entire United States for years to come. By 2040, the Bay Area will claim nearly 2.55 percent of all United States jobs, with 75 percent of these jobs expected to come from business and professional services, the health and educational sectors, […] 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

Offices Designed to Attract Tech Employees

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

“Like 70% of offices in the U.S. these days, Square’s new San Francisco Market Street headquarters is designed to be open and collaborative.” (SF Gate 10/16/2013) Designed to attract tech employees, the main floor is 100,000 square feet. The goal was to make the big office feel small by adding/including Main Street amenities like a […] Read More

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