Commercial Real Estate is on Fire, What Will be Hot and Where for 2015

North I-680 Office Market Report Q3-14
Tri-Valley Office Market Report Q3 2014
Tri-Valley Office Market Statistics Q3 2014
Oakland Office Market Report Q3-14
San Francisco Office Market Report Q4-14
San Francisco Peninsula Office Market Report Q3-14
Silicon Valley Research and Forecast Report Q3-14
Tri-Valley Industrial Market Report Q3-14
Tri-Valley Industrial Market Statistics Q3-14
The Top Retail Trends for 2014 by Hubba
Top trends in retail real estate for 2014
10 Trends in Office Design
More Than 50,000 Units in the Housing Pipeline in SF
California’s new Title 24 makes smart lighting standard
2014 California Title 24 changes

Moving a company office in the Bay Area

In Silicon Valley, The Peninsula and San Francisco expanding companies are outgrowing their office space and having to relocate, some as often as every few years. Making this transition easier is moving into tricked-out trendy designed space, with new furniture.
Getting consensus from the employees as to the new location is very important. What matters most to them – retail amenities, public transit, nearby gyms and restaurants and a safe environment? Changing from private offices to cubicles or high-walled cubicles to lower, open collaborative space can be unsettling, and made easier by hosted luncheons in the new space prior to move day, touring employees and inviting them to sit in the new, under construction digs. New office design may require a whole new style of working, but the increase in synergy and energy level can make it all worthwhile. (Contra Costa Times December 13, 2014)

San Francisco office market exploding

San Francisco office market exploding – Colliers International reports 5,161,899 square feet of office space currently under construction, with 12 million fee proposed or in planning. In 2014 so far it was 2.8 million square feet of net growth. In the 3rd and 4th quarter of 2014 there were 30 office sale transactions totaling almost $4 billion dollars. For the complete article, go here.

2014 Bay Area Economic Engine

Thanks again to Eric Von Berg of Newmark Realty Capital, Inc. for the following factoids, “The Bay Area has more graduate programs ranked in the top 10 nationwide than the consistently 2nd ranked metro area – Boston. There are 97 colleges, universities and academies in the Bay Area. The Bay Area has over 2,027 biotech companies and 22% of VC funding. The Bay Area dominates social networking with eight of the top eight sites by market share: Facebook, YouTube, Twitter, Google, Yahoo, Pinterest, Lincoln, and Instagram. To read the full report, 2014 Bay Area Economic Engine, click here.

The Bay Area’s achievements

Credit for the following information goes to Eric Von Berg of Newmark Realty Capital, Inc., “The 7.5 million people in the Greater Bay Area represent 19.6% of the State’s population and 2.4% of the Nation’s.” The Bay Area’s GDP of 616 billion ranks 21st in the world if we were our own country. “The Bay Area per capita productivity is 2.5 times the U.S. average. The Bay Area has more Fortune 500 companies (30 with combined sales of $1.14 trillion) than any U.S. region except New York. Of the 134 high-tech start-ups worldwide that gained a $1 billion valuation in the last 10 years, 52 were from the Bay Area. To read the full report, 2014 Bay Area Economic Engine, click here.