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Sacramento Office CRE Market Update – 3rd Qtr. 2022 10/04/22 This update was provided by real estate services firm Kidder Mathews
"Sacramento Office Employers Get Creative with Reduced Space"
Market Highlights
• Asking lease rates have increased to $2.15/SF.
• Direct net absorption...
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Prologis Completes Acquisition of Duke Realty Corporation 10/04/22 Prologis Inc has completed its all-stock acquisition of Duke Realty Corporation following approval by the shareholders of Prologis and Duke Realty. Valued at approximately $23 bil, including the assumption of debt, the comple...
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Justin Grill Joins Newmark as Senior Managing Director 9/13/22 Justin Grilli, a 20-year real estate industry veteran, has joined Newmark as Senior Managing Director. Grilli joins Newmark’s Walnut Creek office where he will focus on representing developers, investors and tenants on leasin...
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E-Commerce's Strength Drives Last Mile/Micro Warehousing Investment 9/06/22 Report provided by Kidder Mathews
Prior to the pandemic, the typical U.S. supply chain involved product distribution from ports to break-bulk facilities where large quantities were broken down into smaller parcels for trans...
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Northmarq to Acquire Stan Johnson Company 9/01/22 Northmarq has entered into a definitive agreement to purchase Stan Johnson Company, a real estate brokerage and advisory firm that focuses on investment sales across multiple asset classes. The acquisition will also include a...
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Data Center Real Estate Activity Continues to Grow 9/01/22 This summary of a just-released report from real estate services firm JLL was provided by Amber Schiada, Head of Americas Data Center Research at JLL
Emerging from the pandemic, it’s clear the world of work is adapting to th...
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Basin Street Properties Adds Concierge Services at Its Sacramento Properties 8/30/22 Basin Street Properties has added a new tenant amenity program -- concierge services -- across its Sacramento properties.
The new service is designed to provide on demand assistance with many personal and professional task...
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Avison Young to Acquire CRE Industry Service Lines from Madison Marquette 8/19/22 Avison Young has signed an agreement to acquire Madison Marquette’s office and industrial property management, agency leasing and project management service lines. The trio of services will operate under the Avison Young bran...
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SF Bay Area Ranked the 'Top Tech City' in North America 8/17/22 This summary on the San Francisco Bay Area’s tech market was provided by Robert Sammons, Research Director, Cushman & Wakefield
The region surrounding the San Francisco Bay remains the epicenter of the technology industry. I...
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Talent and Real Estate Cost are Foremost Concerns for Tech Companies 8/10/22 This report provided by real estate services firm Cushman & Wakefield
On a global scale, tech is a larger portion of major economies — and commercial real estate — than ever before. Over the past decade, global technology em...
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Despite Economic Uncertainties, Tempered Optimism Prevails for California Commercial Real Estate 8/09/22 The Summer 2022 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that there is much more optimism about the next three years than the barrage of negative news about the economy might suggest...
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Anne Hill and Nancy Babb Join RiverRock Real Estate Group 8/09/22 Anne Hill, RPA, CPM, and Nancy Babb, RPA, have both joined RiverRock Real Estate Group (RREG), a client-centric property and asset management firm. Both take on the position of Director.
Hill brings over 15 years of diverse...
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Five Fast Facts about the San Francisco Office Market 7/26/22 This report was provided by real estate services firm Cushman & Wakefield
1 – Office rents reached a new record high of 510,600 positions, up 7.9% YOY.
2 – VC funding was at $9.6B, the sixth highest quarterly figure on reco...
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Industrial Real Estate in Port Markets Seeing Strong Demand and Significant Rental Growth 6/24/22 This report was provided by real estate services firm JLL
Industrial real estate has been the one of the most sought-after property types nationally, leading to record low vacancies and increased competition among investors ...
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Premier Workspaces Celebrates 20 Years of Business and Growth 6/06/22 Premier Workspaces, one of the largest privately-owned executive suites, coworking, and shared workspace companies in the United States, is celebrating its 20th anniversary. Premier Workspaces was founded in 2002 in Irvine, C...
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Prologis Proposes to Acquire Duke Realty in All-Stock Transaction 5/13/22 Logistics real estate giant Prologis Inc has proposed to buy Duke Realty Corporation in an all-stock transaction. Prologis communicated their interest to Duke through a letter sent to James B. Connor, Chairman and Chief Execu...
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San Francisco Sees the Largest Decline in Sublease Space in the Country 4/25/22 This report provided by real estate services firm Cushman & Wakefield
Sublease Inventory Declines for Third Straight Quarter
United States sublease inventory continued to trend down in Q1 2022, after seven quarters of incr...
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Here’s an Update on the Sacramento Industrial Market for the First Quarter of the Year 4/11/22 This report provided by real estate services firm Kidder Mathews
Market Highlights
• Asking lease rates for all industrial properties were $0.72/SF NNN in 1Q 2022.
• Direct vacancy rates decreased to 3.5% in 1Q 2022.
• Dire...
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San Francisco Office CRE Market Update – 1st Qtr 2022 4/06/22 Market Drivers
The San Francisco Office Market is still turning the corner with a slow, but steady recovery. In 2021 we reported 5.5 msf of leasing activity which was on track to pre-pandemic levels. This quarter we are seei...
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Southern California Sees Significant Growth in Data Center Leasing Activity in 2021 3/29/22 This report provided by CBRE
Driven by cloud service providers and enterprise firms, data center leasing activity in Southern California picked up significantly in 2021, according to a new report from CBRE.
Southern Califor...
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