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Parking Rates on the Rise 8/10/07 Parking costs have increased nationwide for the fourth year in a row, mirroring rising demand and a dearth of supply in the U.S, Canada and around the world, according to the seventh annual Parking Rate survey from Colliers I...
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Demand Remains High for San Diego Office Space 7/25/07 Here's a review of the San Diego County office market as of the year's mid-point. The information is a summary of Grubb & Ellis/BRE Commercial's 2nd Quarter 2007 San Diego Office Market Trends Report and was provided to us by...
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Draftsmen & Craftsmen 7/13/07 Hodgdon Miank Construction Inc was awarded the contract to build The Plaza at Lakeview Medical & Professional Center, a new $6.4 mil project situated in the master-planned community of Canyon Estates in Lake Elsinore. The pro...
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Economic Update 6/15/07 Friends and Colleagues:
What's behind the recent run-up in Treasury yields? This week Michael Swanson, PhD of Wells Fargo Economics, shares his insights on how the market perception of inflation has impacted rising treasu...
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New DRI Entity Provides Integrated Solar Energy 6/11/07 DRI Companies, the parent company of two leading Western US roofing contractors, has launched a new subsidiary to provide roof-integrated solar energy installation services to commercial building owners and residential home b...
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Draftsmen & Craftsmen 6/06/07 With Green buildings continuing to play a growing role in new commercial real estate development, KMD Architects' design for a new 12-story headquarters for the San Francisco Public Utilities Commission is expected to get hig...
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Lack of Industrial Space Pushing Prices Higher For SF Properties 6/01/07 An improving local economy will support demand for industrial space this year, but high land costs and infrastructure challenges will continue to make other Bay Area markets attractive alternatives to San Francisco, according...
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LA Ranked as Strongest Industrial Market in the US 5/14/07 International trade is a driving force behind the most vibrant industrial market conditions that Los Angeles has recorded in more than 15 years, let alone the strongest in the country today, according to Marcus & Millichap Re...
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Draftsmen & Craftsmen 4/30/07 Omni West Group Inc of Laguna Hills has awarded Hodgdon Miank Construction Inc the contract to build Rivera Industrial Park, a new $3.7 mil industrial park in north Riverside. The project, located in the heart of Riverside ne...
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Economic Update 4/23/07 Friends and Colleagues,
This week Michael Swanson, Ph.D. with Wells Fargo Economics shares some thoughts on Inflation, Oil Prices, Demand for Corn and Interest Rates. Here are some fun facts from Dr. Swanson's analysis.
C...
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SoCal Apartment Market Expected to Remain Strong 4/17/07 Hundreds of SoCal real estate pros were in attendance earlier this month for one of the region's top industry events, the Fifth Annual Casden Multifamily Forecast Conference, put on by USC's Lusk Center for Real Estate. The e...
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Deteriorating Subprime Market to Impact Commercial Real Estate 4/10/07 Property & Portfolio Research (PPR), the Boston-based independent real estate research and portfolio strategy firm, has produced an interesting report that takes a look at the potential impact of the subprime mortgage fallout...
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CA Homes Sales Down 9.6% in Feb, While Prices Up 5.7% from Prior Year 3/30/07 As expected, CA home sales decreased 9.6 percent in February compared with the same period a year ago, while the median price of an existing home increased 5.7 percent, according to the latest data from the California Associa...
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Moderate Year Predicted for San Diego's Office Market 3/22/07 San Diego County's office market is poised for moderate activity over the coming year, thanks in part to slower but still positive employment growth and a stable foundation in professional services that supports the region's ...
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Economic Update 3/19/07 Friends and Colleagues:
This week Scott Anderson, PhD, Senior Economist with Wells Fargo Economics, asks more questions than he answers about the direction of the economy. The current market signals are conflicting, leavi...
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Bay Area Real Estate Markets Move into Advanced Stages of Recovery 3/19/07 The Bay Area's office, R&D, and warehouse markets have now shown three consecutive years of decreased vacancy, positive net absorption, and increased rental rates, as most of the region continues to move into the advanced sta...
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Affordability for Entry-Level in CA Housing Down to 25% 3/06/07 The percentage of households who could afford to buy an entry-level home in California stood at 25 percent in the fourth quarter of 2006, compared with 27 percent for the same period a year ago, according to a report released...
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CA Home Sales Down 12.6% from '06; Prices Up 1.9% 3/02/07 January saw homes sales in California drop 12.6% from the previous year, while prices remained more resilient, with a modest increase of 1.9% from January of 2006, according to the California Association of Realtors® (C.A.R.)...
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Affordability for First-Time Buyers in CA Declines to Second Lowest Level on Rec 2/13/07 Affordability concerns continued to impact the residential real estate market in California, with the share of first-time buyers declining to their second lowest level on record, from 30.5% in 2005 to 27.1% in 2006, according...
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Economic Update 2/12/07 Friends and Colleagues:
This week Eugenio Aleman, PhD, Senior Economist with Wells Fargo Economics talks with us about Employment and Economic Growth, and “Dark Matter,” and its possible impact on the Dollar, the Economy a...
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