Jeffrey Weil, CCIM, MCR.h, SIOR
Executive Vice President
San Francisco East Bay
1850 Mt. Diablo Blvd., Suite 200
Walnut Creek, CA 94596
Phone: +1 (925) 279 5590
License #: CA-00786195
Email: jeff.weil@colliers.com
Is your lease going to expire in the next 24 months? Or is your company looking to lease office space in the near future?
The Standard, April 24, 2024: “By the end of 2019, the 20 biggest tech employers had leased more than 16 million square feet of space, nearly a quarter of the city’s total office stock. Now, those same companies are holding onto only 8.3 million square feet, according to data from real estate firm CBRE. “We’ve just…Read More→
Christopher Aquilina, SIOR with tenant rep firm Spring 4 n the United Kingdom, , said “Tenants are increasingly understanding that if they want to woo their staff back from WFH (work from home), they need to offer best-in-class office space in a convenient location.” He goes on to say “Developers need to be part of…Read More→
HubbleHQ has more than 1,000 offices in 250 buildings in London where companies can just pay and use the office space two or three days a week if their employees aren’t coming in more than that. There are lockers for the employees to secure their belongings on the days they aren’t there, and even…Read More→
The european office market, with a current vacancy rate of around 8.7%, appears healthier than our U.S. rate of 20%. There are varying reports of what the occupancy levels are, with one report stating that 70-90% of European office workers are back in the office, while another report had this sfigure closer to 57%, getting…Read More→
This may be a new record for the most office space, both direct as well as for sublease, in the United States, according to Avison Young. This is 23.7% of the office inventory in the country. Some positive trends that may improve office Landlord’s assets in this Bisnow April 8, 2024 article, “Swaths of layoffs…Read More→
Amazon Slashing office space, will save $1.3 Billion in Costs. Will let leases expire and negotiate early lease terminations. Starwood Capital paid almost $500 million in 2019 for three Downtown Oakland office buildings, and after just defaulting on a 364.5-million-dollar loan has given up ownership of 2100 Franklin, 2101 Webster and 1901 Harrison. San Francisco’s…Read More→
Jeffrey Weil, CCIM, MCR.h, SIOR
Executive Vice President
San Francisco East Bay
1850 Mt. Diablo Blvd., Suite 200
Walnut Creek, CA 94596
Phone: +1 (925) 279 5590
License #: CA-00786195
Email: jeff.weil@colliers.com
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