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

NEWSLETTERS

CORPORATE OFFICE PERSPECTIVES | APRIL 1, 2018

By Admin

The Bay Area office market continues to spin furiously, with leasing activity and rental rates for the most part holding steady. New office development on the Peninsula and in Oakland will eventually alleviate the pressure of the lack of office inventory, but for now, its office demand is still robust.…

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CORPORATE OFFICE PERSPECTIVES | FEBRUARY 1, 2018

By Admin

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…

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CORPORATE OFFICE PERSPECTIVES | DECEMBER 1, 2017

By Admin

The San Francisco office market continues to sizzle, with recent announcements of Dropbox signing a reportedly 15-year lease for 736,000 square feet of office space and Facebook leasing 432,000 square feet. Meanwhile, we have more than 1 million of vacant Walnut Creek office space, 700,000 square feet vacant in Concord…

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CORPORATE OFFICE PERSPECTIVES | OCTOBER 1, 2017

By Admin

Some folks are surprised when they ask how the East Bay office market is and out along the I-680 Corridor, and when I reply to them that since 2007 and The Great Recession, overall office leasing has been lethargic. Class A office building sales have been brisk, with dozens of…

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CORPORATE OFFICE PERSPECTIVES | AUGUST 1, 2017

By Admin

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…

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CORPORATE OFFICE PERSPECTIVES | JUNE 1, 2017

By Admin

This issue marks the beginning of the 37th year of publication of OfficeTimes, 222 issues, I have never missed a deadline, and thank you for taking the time to read this! In the olden days before the Internet my staff would print out hundreds of hard copies to snail mail,…

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CORPORATE OFFICE PERSPECTIVES | APRIL 1, 2017

By Admin

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.…

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CORPORATE OFFICE PERSPECTIVES | FEBRUARY 1, 2017

By Admin

A few weeks ago, I gave a Forecast 2017 presentation at Scott’s Walnut Creek restaurant. Bottom line is we are in a great shape for the most part, with the San Francisco office market still robust. Annual full-service rents range is from $75 to $110/square foot, and tech sublease space…

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CORPORATE OFFICE PERSPECTIVES | DECEMBER 1, 2016

By Admin

The Millennials are coming on strong, and they want flexibility, freedom and fun; mobile devices rule, texting may be preferred to a phone call, collaboration, work hard, play hard, and who cares about having a workstation let alone a private office. Yet, office space is here to stay, in one…

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CORPORATE OFFICE PERSPECTIVES | OCTOBER 1, 2016

By Admin

San Francisco currently has an office vacancy of 6.5%, 2 million feet for sublease, and 5 million square feet of tenants looking for space. The office vacancy in San Mateo County is 6.8%. In the East Bay, the vacancy rate ranges from 7.5% in Oakland to 11% along the I-680…

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2017 OFFICE SPACE LEASING RESOURCE FOR NORTHERN CALIFORNIA TENANTS. ALL RIGHTS RESERVED.
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