Tag: Office

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.

October 5, 2017 Off

Cushman & Wakefield’s U.S. Macro Forecast

By Chris

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.

May 17, 2016 Off

Healthy Economy Requires Updated Real Estate Strategy

By Chris

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.

March 3, 2015 Off

2015 U.S. and N. California Forecast

By Chris

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.

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.

August 1, 2013 Off

How to Build a Collaborative Office Space Like Pixar and Google

By Chris

How can you build a collaborative work environment in your company? Firms like Pixar and Google have demonstrated the power of a good work environment. Collaboration can bread success and it is worth spending some time to layout your office in a way that fosters it. This article takes a brief look at the topic and gives some insight on how to bring it out in your office setting.

June 14, 2013 Off

The Search for Yield…

By Chris

Currently I have been working on several purchase requirements and as I read a recent article from our Research Director I found it very relevant. In the article, Garrick Brown discusses some of what is happening in the investment markets. I would agree that investors are both looking for yield but they are also still very adverse to risk. This is still creating a lot of demand for core assets. If you are willing to take risk then you’ll look outside of the core to increase your yield but if you are not willing to take risk then it can be difficult to achieve an acceptable return. For a good read on some current trends in the investment market, read the enclosed article on Searching for Yield…

March 26, 2013 Off

Current Trends in Office Space

By Chris

Companies expect more from open-plan offices – more teamwork, productivity, and satisfaction. Do they get it? Read more in my post on the trends of moving toward and open-plan and shared spaces and how it mimics what corporations are doing with their office space. Is it a trend or the new standard, see what is involved in that decision…