|
• Interest in Office Conversions Grows Amid Rising Vacancies and Discounted Sales
8/26/24
This report was provided by Yardi as part of their August 2024 Commercial Edge Office Market Report
As it has become increasingly clear that remote and hybrid work is here to stay, the interest in converting vacant offices i...
|
• Unique Mixed-Use Property in Desirable San Francisco Neighborhood Hits the Market
8/16/24
We’ve learned of an interesting investment opportunity that’s come up in San Francisco’s Duboce Triangle neighborhood. The listing is for a 19k sf, architecturally unique mixed-use building originally built in 1919.
Currentl...
|
• San Francisco Office Vacancy Hits New Record High
7/09/24
KEY TAKEAWAYS Q2-2024 – SAN FRANCISCO OFFICE MARKET
Provided by Cushman & Wakefield
• The San Francisco overall office vacancy rate reached another record high in Q2 2024, up 60 basis points (bps) from Q1 2024 and 640 bps f...
|
• Davlyn Investments Locks Up $56 Mil Refi Loan on Sacramento Area Res Community
7/09/24
Davlyn Investments has landed a $56.2 mil refi loan on Ascent at the Galleria, a green-certified, 273-unit multifamily property located in Roseville, CA. The financing was arranged by Mitch Clarfield and Meghan Varga with New...
|
• Silicon Valley R&D Market: Navigating Change with Continued Innovation
7/03/24
This report provided by real estate services firm Kidder Mathews
Market Highlights
• Asking lease rates increased 3.65% quarter-over-quarter to $2.65/sf/mo NNN.
• The vacancy rate saw a slight uptick from 9.8% to 10.3% quar...
|
• WNC & Associates Closes $300 Mil Equity Fund
5/10/24
WNC & Associates has closed WNC Institutional Tax Credit Fund 56, L.P. (Fund 56) which includes 24 multi-family properties across 16 states. Fund 56, a $302 mil equity fund that closed in April 2024, is WNC’s largest multi-in...
|
• Sacramento Office Market Continues to See Increasing Vacancy Rates
4/15/24
This report provided by real estate services firm Kidder Mathews
Market Highlights
• Vacancy rates grew YOY and QOQ to 11.8%.
• Availability rates increased by 90-bps YOY and 70-bps QOQ to 15.3%.
• Asking lease rates fell ...
|
• Sperry Commercial Global Affiliates Changes Its Name to SPERRY
4/05/24
Commercial real estate services firm Sperry Commercial Global Affiliates has changed its name to SPERRY and introducing a new logo for its U.S. operations. For the company’s international operations and expansion, it will be...
|
• New Mortgage Payments Expected to be Higher than Rent for Next Five Years, Making U.S. Homeownership a Challenge for Many
3/25/24
This report provided by CBRE Corporate Communications
Achieving the American dream of homeownership has become increasingly challenging, with new research from CBRE indicating that mortgage payments are projected to exceed r...
|
• NoCal SIOR Hosts Member Networking Event at Ferry Building
3/11/24
The Northern California chapter of the Society of Industrial and Office Realtors® (SIOR) held its annual kick-off meeting at the Ferry Building last month. Panelists included Travis Durfee, senior vice president, head of oper...
|
• New Drive-Thru Starbucks in Visalia Sells for $3.4 Mil
2/27/24
A Los Angeles-based private investor paid $3.4 mil for a newly constructed, 2k sf ($1,700/sf) Starbucks Drive-Thru in Visalia. The single-tenant building, featuring a café and double drive-thru, was sold by the property’s dev...
|
• Avison Young Enters into Deleveraging Transaction with Its Financial Partners
2/27/24
Avison Young has agreed to a comprehensive deleveraging transaction with its current financial partners that better positions Avison Young for the future. Through this transaction, Avison Young has reduced its financial oblig...
|
• Investment Volume Could Pick Up in 2nd Half of Year if Central Banks Cut Rates in the Second Quarter
2/15/24
CBRE recently released its latest Global Investment Brief, which provides a comprehensive analysis of the global commercial real estate investment landscape. The report offers valuable insights into investment volume trends a...
|
• Allen Matkins/UCLA Anderson Forecast California CRE Survey Finds Adaptive Reuse of Office Buildings is on the Rise
2/14/24
This report provided by Allen Matkins and UCLA Anderson School of Management
The Winter 2024 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey (“The Winter 2024 Forecast” or “the Forecast”) just r...
|
• Stockbridge Capital Group Sells 1.7 msf Light Industrial Portfolio to Two Buyers
1/25/24
Stockbridge Capital Group has sold a 1.7 msf multimarket light industrial portfolio known as Project RedHawk. The portfolio was sold in four separate transactions to two different buyers between December 2023 and January 2024...
|
• Sacramento Industrial CRE Market Update – 4th Qtr. 2023
1/08/24
This report provided by real estate services firm Kidder Mathews
MARKET HIGHLIGHTS
• The average asking lease rates climbed to $0.85/sf, an increase from $0.77/sf in 4Q22.
• Direct vacancy rates rose from 3.9% to 4.6% QOQ.
...
|
• Sacramento Quest Diagnostics Strip Center Listed at $3.165 Mil
1/04/24
An 8.9k sf, Quest Diagnostics-anchored strip center in Sacramento has been put on the market with an asking price of $3.165 mil. Other tenants at the property include Game Stop, GNC and Hip Hop Jeans.
The Quest & Shops prope...
|
• Broker Survey Predicts San Francisco Office Vacancy Rate to Return to 12% in 2029
1/04/24
Avison Young commercial real estate brokers recently participated in a Broker Sentiment Survey for the Bay Area. The exercise yielded some intriguing insights and predictions regarding various market-related topics including ...
|
• Ross Robinson Named Market Leader at Avison Young’s San Francisco Office
12/21/23
Ross Robinson has been named Market Leader of Avison Young’s San Francisco office. Robinson will be responsible for growing Avison Young’s business development and recruitment efforts in the market and will continue to partne...
|
• Commercial Real Estate Financing Briefs
12/18/23
CBRE CAPITAL MARKETS - Bob Ybarra, Bruce Francis, Shaun Moothart, Doug Birrell, Nick Santangelo and Jim Korinek with CBRE’s Capital Markets Debt and Structured Finance team arranged a $13.5 mil participating construction loan...
|
Return to the Northern California - Etc... Etc... area
