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• Premier Business Centers Helps Companies “Right-Size” Office Space During Economic Turbulence
10/31/08
Over the past few months, the ongoing U.S. recession has forced many attorneys, mortgage companies, residential real estate, and financial and professional services companies to either vacate or consolidate their facilities. ...
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• Sudden drop in CA Foreclosures Attributed to Temporary Effect of New Law
10/24/08
The latest CA figures from Pennsylvania-based Default Research show that Notice of Defaults and Notices of Trustee Sales fell 54 percent in Northern California and 58 percent in Southern California during September. The comp...
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• 3rd Quarter 2008 Outlook for the San Francisco Office Market
10/22/08
Here’s a brief 3rd Quarter 2008 report on the San Francisco office market, provided by Michael Tobin, a Director at Pacific Union Commercial Brokerage.
Absorption: The office market recorded its second consecutive quarter of...
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• CA Home Prices Expected to Continue to Decline in 2009
10/21/08
In an effort to provide homeowners, prospective buyers and real estate pros some sense of what to expect from California’s real estate industry in the coming year, the California Association of Realtors®’ (C.A.R.) offered up ...
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• Economic Update
10/20/08
Friends and Colleagues:
We are in the midst of an economic tsunami….and we don’t like it. In bad times as in good times, we tend to focus on the extreme rather than the norm. This week Michael Swanson of Wells Fargo Econ...
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• Draftsmen & Craftsmen
10/16/08
Precast construction on the Caltrans District 3 Office Building in Marysville, a $64 mil, 211k sf office project, was just completed. The development is the first state office building to feature “All-in-One” total precast co...
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• High-Efficiency Solar Modules to Power Two NoCal Projects
10/13/08
With energy conservation and green building practices a top priority in the commercial real estate industry today, many of you will be interested to learn about a couple of recent instances in which high-efficiency solar modu...
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• Downtown San Diego Retail Market Remains Strong
10/10/08
Here is an informative overview of the retail market in downtown San Diego, which remains very strong, despite the struggling economy and the slowdown in consumer spending. This report was provided to us by Cushman & Wakefiel...
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• Draftsmen & Craftsmen
10/08/08
In news of a major SoCal University project, Morley Construction Company broke ground in September on the $65 mil Eli and Edythe Broad CIRM Center for Regenerative Medicine and Stem Cell Research at the University of Southern...
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• CA Home Sales for Aug Up 56.7% from Prior Year
9/30/08
In August, California saw home sales increase 56.7 percent compared with the same period a year ago, while the median price of an existing home fell 40.5 percent, according to the latest figures from the California Associatio...
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• Draftsmen & Craftsmen
9/29/08
We thought those of you who like to keep up with construction news and info on the latest techniques and design trends in renovation projects might be interested in this news about a bank branch project in Chula Vista. Johnso...
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• C.A.R. survey of homebuyers points out interesting trends
9/17/08
Declining home prices coupled with low interest rates prompted more home buyers to purchase in 2008 compared with last year, according to the California Association of Realtors®’ (C.A.R.) “2008 Survey of California Home Buye...
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• Draftsmen & Craftsmen
9/09/08
McCarthy Building Companies Inc recently completed three new design/build projects at the St. Joseph Hospital campus in Orange. Built on a tight site adjacent to the 22 Fwy in Orange on La Veta Ave, the projects include a ne...
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• San Francisco Office Market Expected to Slow
9/03/08
Fundamentals in the San Francisco office market are expected to reach more sustainable levels in 2008, following a year of robust leasing activity, according to a second quarter Office Research Report by investment brokerage ...
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• Draftsmen & Craftsmen
8/29/08
In news of an interesting retail TI job, Prevost Construction just completed a $1.5 mil building conversion and customized tenant improvement project for Jade Theater, a new nightspot located near the Gaslamp Quarter in downt...
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• CA Home Sales Jump 43% While Median Price Down 40%
8/28/08
July saw a 43.4% jump in California home sales compared to the same period a year ago, an increase that is due in great part to buyers taking advantage of foreclosures and other troubled properties being traded at a substanti...
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• CA Affordability for Entry-Level Homes Jumps to 48%
8/21/08
The percentage of households that could afford to buy an entry-level home in California stood at 48 percent in the second quarter of 2008, compared with 24 percent for the same period a year ago, according to the latest figur...
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• CA Adopts Nation’s First Statewide Green Building Codes
8/01/08
In a move to promote greater usage of sustainable building practices throughout the state, California’s Governor Schwarzenegger and the California Building Standards Commission (BSC) adopted the first set of statewide “green”...
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• Median CA Home Price Down 37.7% from Prior Year
7/28/08
SoCal’s typical June Gloom carried over to the housing market for the entire state, as the median price of an existing home in CA fell an astounding 37.7 percent compared to prices for the same period one year earlier, accord...
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• Draftsmen & Craftsmen
7/16/08
Killefer Flammang Architects (KFA) recently won four Los Angeles Business Council (LABC) architectural awards — three for the design of fire stations, the other for a building housing abused women and mentally ill homeless re...
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