According to a recent Savills Research report, over the past several months since the shelter-in-place shutdown of office buildings there has been a 300% increase in office sublease availability, with over 3.7 million square feet of space currently available. “It is likely that sublease space will increase further – placing downward pressure on overall asking…Read More→

Having been through a number of economic booms and then downturns I like to be alert to early warning signs of an impending office slow-down in one of the hottest office markets in the US, San Francisco. We don’t have to worry about a suburban slow-down as Contra Costa and the Tri-Valley never took off…Read More→

Size (Sq Ft) Location Lease Expiration Rate 13,325 Livermore Airway Business Park 2301 Armstrong St , Suite 101 Livermore, CA 94551 9/30/2019 $1.49 FS 35,600 Tri-Valley Technology Park 3011 Comcast Pl Bldg 3 Livermore, CA 94550 12/31/2023 $1.45 IG 11,500 6818 Patterson Pass Rd Bldg A, Suite A Livermore, CA 94550-9414 8/31/2020 $1.00 IG Table...Read More→

Size (Sq Ft) Location Lease Expiration Rate 13,885 Creekside Business Park 5160 Hacienda Dr Bldg A Dublin, CA 94568 9/30/2019 TBD 1,900 6543 Regional St, Suite C Dublin, CA 94568-2948 8/30/2020 $1.65 GR 1,400 Trinity V 6515 Trinity Ct Dublin, CA 94568 7/31/2022 $1.80 FS 1,300 Oak Creek Business Center 3717 Mt Diablo Blvd, Suite...Read More→

Size (Sq Ft) Location Lease Expiration Rate 3,390 Bishop Ranch 15 DD 12647 Alcosta Blvd Bldg San Ramon, CA 94583 9/30/2022 $2.25 FS 81,992 Bishop Ranch 15 12677 Alcosta Blvd Bldg AA, Suite 200/300 San Ramon, CA 94583 12/31/2022 TBD 2,426 Bishop Ranch 6 2410 Camino Ramon Bldg L, Suite 315 San Ramon, CA 94583...Read More→

Size (Sq Ft) Location Lease Expiration Rate 1.533 1465 Civic Ct D & E, Suite 650 Concord, CA 94520 9/30/2019 $1.75 FS 12.831 Two Corporate Centre 1390 Willow Pass Rd, Suite 300 Concord, CA 94520 6/30/2022 $1.45 FS 16,432 Two Corporate Centre 1390 Willow Pass Rd, Suite 500 Concord, CA 94520 4/30/2021 $2.00 FS 8,333...Read More→

Size (Sq Ft) Location Lease Expiration Rate 4,207 Park Plaza II 4683 Chabot Dr, Suite 220 Pleasanton, CA 94588 6/30/2021 TBD 6,745 Park Plaza II 4683 Chabot Dr, Suite 260 Pleasanton, CA 94588 6/1/2021 TBD 9,224 Park Plaza II 4683 Chabot Dr, Suite 270 Pleasanton, CA 94588 6/30/2021 TBD 5,354 Hacienda Terrace 4301 Hacienda Dr,...Read More→

Size (Sq Ft) Location Lease Expiration Rate 4,903 Alpine Square 1777 Botelho Dr, Suite 200 Walnut Creek, CA 94596 5/31/2020 TBD 4,261 Alpine Square 1777 Botelho Dr, Suite 360 Walnut Creek, CA 94596 6/30/2019 TBD 5,229 One Ygnacio Center 1990 N California Blvd, Suite 230 Walnut Creek, CA 94596 6/30/2018 $2.65 FS 2,066 2970 Camino...Read More→

“Of the Bay Area residents who are still here, nearly half of those surveyed recently said they plan to move out of the region in the next few years, according to a poll released in June by the Bay Area Council.” (Bay Area News Group, July 15, 2018) Folks are leaving in droves, selling their…Read More→

There is an industry organization for co-working operations, professionals, asset owners, service providers and investors called the Global Workspace Association. There are over 14,000 shared workspaces in the world today and for the Unites States there are 20 companies that have five or more locations. Landlords are looking more at various partnerships with the major…Read More→

A very interesting article by John McNellis, Principal at McNellis Partners, and a sometimes astute contrarian, on WeWork. The shared office company leases 14 million square feet of office space, is reportedly valued at $20 billion, has 220,000 “subtenants”, and needs a 60% occupancy to break even. They lost $934 million last year, and just…Read More→

“I’d like to spend just a few minutes on an overview of this morning’s topic before introducing our distinguished panelists and getting into the heart of the program. Until recently, it’s been a tenant’s market, and how many of us, before, in a market with 30% vacancy through skillful and astute negotiations were able to…Read More→