While I am all for positive news, especially when it comes to the office market, sometimes articles are done in a possibly misleading spin. TheRegistry on April 22, 2025, headlined “JPMorgan Chase Plans to Expand Lease at San Francisco/s 560 Mission t 280,000 SQFT”. The article starts as follows: ”JPMorgan Chase & Co. is doubling…Read More→

As reported in the Colliers U.S. Leading Office Markets Q1 2025 report, “Across the 14 gateway regions, 52.8% of the total construction pipeline is preleased. Of the 10.4  MSF of preleasing in active construction buildings (for leases over 50,000 SF in size), FIRE tenants committed to 61.2% of new space. Wells Fargo has preleased 1.2…Read More→

  In an article written by Joe Gose and published in the New York Times 4/14/25, sales of office buildings across the country are up 21% from 2023. CBRE reported that in 2024, 6.5 million ore square feet of office space was leased than was vacated. In major higher-cost cities the average asking rate of…Read More→

There was an announcement in TheRegistry that Google is putting over 1,000,000 square feet of office space on the market at Pacific Shores, Redwood City.  Yesterday there was a press release that Workday in Pleasanton was putting a 209,000 square foot office building on the market, vacant. A week ago I toured a Concord office…Read More→

As various building systems get more and more connected for office building operations there are increased risks of getting hacked, held for ransome or having systems disabled for various nepharious reasons. Buildings Magazone First Quarter 2025 had an aecellent article on how to reduce these risks. Here are the five steps to consider: Collaberate with…Read More→

The Seller acquired this 24-story office building, built in 1988, back in 2005 for $314/rsf so the discount is not as bad as some of the other recent Class A office sales in San Francisco, where the original purchase back in 2018 or 2019 was in the $500-700/rsf range…still, just another sign that our market…Read More→