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

office space

A recent trend in the East Bay

A recent trend taking place in many parts of the United States, but especially in the San Francisco Bay Area is now happening in the East Bay. During the last few years in the Tri-Valley region of Dublin and Pleasanton, office owners have been putting in bocce ball courts, fire pits and Wi-Fi-enabled outside seating…

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office space may one day be occupied 24/7

Past SIOR President Geoffrey Kasselman predicts that office space may one day be occupied 24/7, and there are major users “that may rhyme with Zamazon and Zoogle that are trying to negotiate with large-portfolio commercial landlords now — they want a landing pad on the top of their buildings so they can recharge the drone…

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Double-dipping – office Landlords generally have an annual rental increase, which in our region is a 3% per year rent bump, and there is also an operating expense pass-through increase, which usually takes the base year or first year of the lease as a benchmark and then the tenant pays their prorata share of any…

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Trump’s Tax Bill

According to Geraldine Serrano of the Bedford Team, who specializes in Cost Segregation, regarding the New Trump Tax Bill, “As a result of the new tax bill, one of the biggest changes for commercial real estate buyers is in the area of bonus depreciation. The bottom line is that buyers are now eligible to deduct…

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A few weeks ago I presented a forecast of where our commercial real estate market is headed in 2018 and beyond at an event hosted by RINA Accountancy and Chicago Deferred Exchange Company. In summary, San Francisco has been off the charts, with 9.5 million square feet of gross office absorption, 2.2 million feet coming…

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