Companies interested in leasing, subleasing, purchasing or selling office space in the Bay Area

Law Firms

CORPORATE OFFICE PERSPECTIVES | AUGUST 1, 2017

The one word to describe the San Francisco Bay Area commercial real estate market, encompassing office, multifamily and investments is “unbelievable”! Major office and apartment buildings are trading at record prices, office leasing is still robust although we have a lot of supply coming on-stream in San Francisco, and the big tech companies continue to…

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Many law firms have reduced their footprint

Many law firms across the country have reduced their footprint by 15 to 20 percent, especially in pricey office markets. Firms devote around 7 percent of their revenue to rent … as a result, some attorneys have been kissing their corner offices goodbye, moving into smaller individual office spaces, bunking up with other attorneys or…

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CORPORATE OFFICE PERSPECTIVES | APRIL 1, 2017

Like many of you, I do not know a single person looking for a job. My friends, who get downsized or merged out of positions, seem to bounce right back into another great employment opportunity. Here in the Bay Area, one big complaint is how long the commute can be. For many of my friends…

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law firms are relocating to Shadelands

There are several downtown Walnut Creek law firms now looking in the much less expensive Shadelands region. Downtown Class A office rents, including parking, on average, are $4/rsf, while Walnut Creek Shadelands Class B space can be less than a half of this amount. A 10,000-square-foot firm can save more than $1,200,000 during a 5-year…

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CORPORATE OFFICE PERSPECTIVES | AUGUST 1, 2016

Same old, same old, the San Francisco office market is still on fire, but maybe slightly diminished in intensity, subleases are up, unicorns far and few between, huge takedowns of space are not as common an occurrence, but still leasing velocity to sustain annual rents is in the $70 to 90 per square foot range.…

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