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

NEWSLETTERS

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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CORPORATE OFFICE PERSPECTIVES | AUGUST 1, 2016

By Admin

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…

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CORPORATE OFFICE PERSPECTIVES | JUNE 1, 2016

By Admin

This Corporate Office Perspectives issue marks the 36th year of my writing and publishing this, every other month without fail. There have been times where life events tried to get in the way, like the birth of my son, raising two kids, getting married and divorced, but I enjoy sharing…

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