“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→

Ray Evans and Jeff Weil, July 29, 2015 When we first began research for this topic, the thought was how we can determine by priority the most economically viable levels of commercial property retrofit towards zero-energy efficiency. What work has the biggest payback and what tax deductions or tax credits are available to facilitate economic justification…Read More→

The future of the office – it might be all in your head, with the increasing viability of virtual reality hardware and software. Put your smart glasses on, and your virtual office opens up, photos of your kids are on your virtual desk, your files are ready to be opened, you can pull up your…Read More→

Recently Facebook signed a lease in San Francisco for 750,000 square feet. This week it was reported that Facebook also signed a lease in Sunnyvale at Moffett Towers II for one million square feet! Industry experts are concerned that we might run out of office space. However, out here in the Eastbay the I-680 Corridor…Read More→

I’ve been giving speeches at various organizations, forecasting the market, where we are headed, if we are in a bubble (or two), and in my presentation I mention Facebook’s lease last month of the last available office building in San Francisco, taking all 750,000 sf, then, a few weeks later, leasing one million square feet…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→