“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

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

Tech office design has spread to other industries …

14th September, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

And one San Francisco law firm with 200 attorneys just got rid of all designated attorney offices entirely.  Their prime view space is now devoted to public meeting areas for attorney collaboration.  Fixed offices have been replaced by war rooms where employees can locate for weeks or months working on a specific case, and employees […] Read More

I have had a number of calls from major East Bay office building owners over the past few weeks asking me if I thought the tech boom in San Francisco and San Mateo County would soon spill over into Alameda and Contra Costa counties.

25th June, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

My opinion, for what it is worth, is that tech companies are successful based on the creativity and culture of their employees, and the techies in their 20’s and 30’s thrive on the vitality of San Francisco versus the predictability of the suburbs … and regardless of the rent differential I do not see very […] Read More

The San Francisco Business Times had a terrific article about the tech space boom in the City,

1st June, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

and how the carpet vendors, furniture dealers and other folks aren’t necessarily making a killing off the millions of square feet of tech space that has been leased.  This is due to the nature of the new user, who prefers concrete versus carpeting, who instead of spending the traditional $10,000 per employee on furniture makes […] Read More

Back in 2006 and 2007 office buildings were selling like hotcakes, and Class A buildings in wonderful locations filled with credit tenants were getting astronomical prices …

15th May, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

back then we called it a “frothy” market, and although there were a few questioning the sustainability of these pricing levels the herd mentality of real estate had far more money chasing the limited high end supply.  Then the crash came, and the experts were asking themselves, how could they have known ahead of time […] Read More

What juxtapositioning! On the front page of the June 10, 2011 San Francisco Business Times were two articles …

15th June, 2011 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

the first, “Foreclosure hits Transbay site … where Morgan Stanley and Lincoln Property initiated foreclosure on the investor who owns five parcels across from the downtown San Francisco Transbay site … and the article below “San Francisco building sales rocket toward $4 billion” … which goes on to describe the incredibly hot office building sales […] Read More

San Francisco downtown office buildings have been undergoing huge financial changes.

23rd September, 2010 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

A number of buildings have been taken over by the lender and a number of others have been sold for half what they would have sold for just three years ago.  As a very recent example reported in the San Francisco Business Times, Manulife will be paying $350 a square foot for the 770,000 square […] Read More

Funky cool space in higher demand than high-rise Class A space …

7th September, 2010 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

a recent article in the SF Business Times about all the tech office tenants focusing on South of Market creative space buildings versus more traditional Class A high-rise, with rents in some cases higher in the Class B brick and timber renovated spaces than in the Class A downtown buildings … cool tech is in […] Read More

The cool factor …

1st September, 2010 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Deloitte, the Big Four CPA firm, is downsizing from 285,000 square feet to 166,000 square feet of office space in San Francisco, and totally changing their work environment in the process. Instead of private offices the new workspace will be about collaborative spaces, face-time, cafes and enclaves with the latest video-conferencing … as the Managing […] Read More

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