Tag: Bay Area

April 18, 2018 Off

Tax Reform – impacts and projections for the Bay Area

By Chris

We recently released an article on the tax reform and how it affects those in high SALT (state and local tax) states like California and New York. I’ve posted a summary of that article here and a link to the entire report. Hope you enjoy the article. Feel free to comment if you think there is something that we missed.

March 6, 2018 Off

Current Cost of Tenant Improvements

By Chris

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.

December 31, 2013 Off

Q4 2013 Market Update – Positive Abosorption But Less Than Expected

By Chris

According to Kevin Thorpe, Cassidy Turley’s Chief Economist, office vacancy across the U.S. is “clearly tightening, but at a rate that is much slower than past recoveries. Steady job growth and lack of new development has vacancy falling in 70% of the country, but the office sector is still adjusting to the new era of tenant downsizing and space efficiency.” We anticipate tenant activity levels will pick up in 2014 over 2013 but like our economist notes, we have the trends of downsizing and space efficiency keeping our growth down to a moderate pace. This post covers some of the stats for 2013 for the Bay Area Commercial Real Estate market.

November 2, 2012 Off

Cassidy Turley Releases Its National Q3-2012 Office Reports and Outlook

By Chris

Cassidy Turley just recently compiled its market reports for Q3-2012. I have included both the National and East Bay Pleasanton reports for the office markets. In Northern Califoria alone, Cassidy Turley publishes over 50 market reports covering Office, Industrial, R&D, Multifamily, Retail, and Life Science industries to name a few. If you need a specific report, please don’t hesitate to send me an email and I’ll gladly forward it to you.

November 16, 2011 Off

Why Do Market Reports Matter?

By Chris

You meet with your commercial real estate broker or talk on the phone and he gives you a market report for your area. Why? Isn’t it his job to know all those rent, vacancy and absorption numbers? Why should you care? The answers are important for your current and future business and may help you make business decisions aside from real estate.