With the strong industrial market, the challenge is to figure out how to get more storage in our already densely built out markets.
The way to get more out of our industrial zones is to go up in our warehousing. Read the post to find out more about this interesting trend in industrial real estate.
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.
Trying to save money for your company? Our latest macro forecast will give you an edge by shedding light on how things are shaping up for 2017 and into 2018. This article should be helpful to both Corporations and Investors/Users looking to make thoughtful and calculated real estate decisions over the next 12-18 months.
Cushman & Wakefield published the U.S. Macro Forecast this month with promising news. Many key factors in the overall health of our economy are pointing to U.S. GDP growth accelerating. As an intelligent tenant, I always recommend you meet with a broker at least 12-14 months prior to your lease expiration. In today’s climate you can expect to find fewer options available to you, rents that are higher than what you are currently paying and longer term requirements from landlords, 3-5 years at a minimum.
DTZ hosted our annual State of Real Estate event in San Francisco again this year. Chief Economist, Kevin Thorpe, shared his research, data and forecast for 2015 both nationally and for Northern California.
E-Commerce companies are becoming a powerful force in logistics based real estate decisions. Logistics based decisions are made with the logistics of a company’s consumer base at the forefront of the location selection. If you are in the market to lease a traditional distribution facility, you will find these companies in competition with you for space. If e-commerce distribution is a part your business, the information provided here may give you insight as to where you fit in the continuum of the growth process.