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

Going BIG with Office Space…

10th October, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Big blocks of Office Space available in the San Francisco East Bay…. Concord has several 200,000 square feet office availabilities, and if you want one million square feet all at the same office campus both San Ramon and Pleasanton can accommodate. Tweet This Post Read More

California office rents increasing almost $0.50/rsf per month over the past 12 months …

4th April, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

One recent report out shows San Ramon, California office rents increasing almost $0.50/rsf per month over the past 12 months … with the vacancy rate now at 5.8 percent and net gross absorption of 632,744 square feet. The industrial vacancy rate overall dropped from 15.2 percent at the beginning of 2012 to 11.8 percent at […] Read More

Factoids from the Esquire Fall 2012 …

4th January, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - 1 Comment

The percentage of office employees who work in a cubicle is still 70 percent,  in 1994 the office space per employee was a whopping 90 square feet and has now shrunk to 75 square feet, the average commute time for workers who drive is 23 minutes, who take public transportation is 53 minutes and who […] Read More

A different perspective on open plan office concepts, titled “Can Work Make You Sick?”

20th November, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Published in the 3rd Quarter SIOR Professional Report discusses a 2008 Asia Pacific Journal of Health Management report that concluded that “open plan environments have resulted in many problems, including the loss of privacy and identity, health issues, social overstimulation and low job satisfaction.”  Not my words and not my viewpoint … the article discusses […] Read More

I have been through a number of market cycles in my 37 years …

6th November, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Specializing in office space leasing and sales, and what is always an interesting and oftentimes frustrating experience is when a submarket goes through a transitional phase from one end of the spectrum to the other. Sometimes it can take many months for a Tenant market to change into a Landlord market, with rental rate increases […] Read More

Apartment rents in the San Francisco Bay Area are still trending upwards …

11th October, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

And for all apartment unit types Berkeley averages $2,200 per month, on the other side of the scale San Leandro is $1,200 per month, with San Ramon seeing rents of $1,685 per month. Sale velocity is down as according to apartment sale specialist Rich Martini of Colliers last year for Q2 60 apartment house complexes […] Read More

The new Apple campus will have bus coach shuttle service …

4th October, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

To and from multiple locations around the Bay Area, coach shuttle service to public transit stations for Caltrain, Altamont Commuter Express and Valley Transportation Authority. Their website will match carpool and bike route matching services. There will be a $100/month transit subsidy per employee and a $20/month bike subsidy for bicycle commuters who don’t use […] Read More

Apple Computer, on one roll after another (good thing it isn’t an SUV) …

3rd October, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Just grabbed more than a million square feet of new office space in Sunnyvale, Northern California to accommodate 5,000 more employees. Tweet This Post Read More

According to data provider CoreLogic and reported in the San Francisco Chronicle (9/12/12) …

2nd October, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

29 percent of the homeowners in the State of California are underwater with their mortgages and owe more than their home is worth, which could be a partial reason for the overall sluggish economy (with exceptions like San Francisco, Santa Clara and San Mateo Counties which are booming) and the housing recovery might be tied […] Read More

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