Commercial Real Estate Resources for Savvy Corporations
In the Tri-Valley, Q3 closed with a slow down in leasing activity and resulted in a negative net absorption in both the office and industrial markets. As a result, both segments saw an increase in vacancy and a decline in asking rents. See the whole post to read about the rest of the statistics and our outlook for both market segments.
We recently sent an update to our clients letting them know what is going on in the capital markets. If you are a buyer you will want to see our last report to refresh your knowledge on what actually is happening both with rates and terms. Read the full post to see more of my summary and our most recent capital markets report.
I recently ran across an article in Forbes magazine (see article here) on real estate market and they asked whether…
Rents aren’t the only thing on the rise, the increase of tenant improvement costs are also on the rise and they do effect new lease deals. I share a recent report that I received from a Bay Area construction company to pass along where full build out improvement costs are coming in at in three Bay Area regions. In addition to the costs of tenant improvements, I also point out how recent code changes are one of the areas contributing to the increases in tenant improvement costs. Click on this post to see the rest of the article and the Bay Area tenant improvement cost report.
Whether you are a tenant or a buyer, you have challenges. As the markets continue to improve it feels like we need to hunt more to find good opportunities for our clients. Net Operating Income for commercial real estate is on the rise which is one more indicator of a improving market place where values are rising.
NASA just finished its latest effort, a 50,000 sf office building at the Moffett Field Ames Research Center in Sunnyvale, California. It is being advertised as the “greenest” federal building. For years now, commercial office buildings have been the focus of sustainability groups and the next big push for making our world a more environmentally friendly place to live and work. It is true, there is a lot of energy to be saved and we can still improve upon the standards we all live by in our commercial buildings. NASA may have just set the bar for all of us.
Our Office, Industrial and R&D reports for the second quarter are now all available. We are seeing healthy trends in…
Our Cassidy Turley Insights white paper on venture capital provides encouraging news about the economy and where the largest economic engines for the future may come. Though jobs creation dipped in May and remains the biggest concern to the economy, some of the greatest increases in office occupancy are happening in markets leading in venture capital (VC) funding and activity.
Should you race for space? Russ Banham of CFO Magazine thinks so. He very eloquently points out in his article…