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

Real Estate

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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The Increasing Impact of Millennials in and on Law Firms

  by Jeffrey S. Weil, Executive Vice President at Colliers International on March 16, 2018 There are approximately 80 million millennials, those born between 1980 and 1999. According to the U.S. Bureau of Labor Statistics, they comprise almost a quarter of all attorneys and by 2030 they will make up 75 percent of the nation’s…

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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

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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A flurry of office building open houses and promotions

Not sure if this is a signal of a change in office market conditions or just a coincidence, but recently out here in the burbs of Contra Costa we have had a flurry of office building open houses and promotions. Breakfast open houses, luncheons, and we’ll see how long this trend continues. However, if prospects…

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