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May 27, 2024
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• Basin Street Properties Adds Concierge Services at Its Sacramento Properties
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
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
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
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
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
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
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
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
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
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
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
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
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
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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• Kairos Investment Management Company Introduces Program to Help Residents at Its Affordable Housing Communities Improve their Credit Scores
Kairos Investment Management Company (KIMC) has launched a new program for its affordable housing communities to help residents improve their credit profiles. The program is led by Esusu, the pioneering fintech company that r...
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• Interstate Equities Corporation Closes Its Fifth Institutional Fund with $445 Mil in Equity Commitments
Interstate Equities Corporation (IEC) has closed its fifth institutional fund, “IEC Institutional Fund V,” with $445 mil in equity commitments. The fund, which will invest in acquiring, renovating, and repositioning value-ad...
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• Cross-Border Investment in U.S. Industrial Assets Reaches Record Levels
This update provided by JLL’s Capital Markets Group With more than $143 bil in transactions, investor demand in industrial assets in the U.S. soared to new heights in 2021, up 32% over 2019’s previous high-water mark. Cross-...
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• U.S. Life Sciences Real Estate Investment Market Expected to See Continued Growth in 2022
This report provided by CBRE Investment in U.S. life sciences real estate increased by 62% last year, with further growth of at least 10% expected in 2022, according to a CBRE research report. Investment in life sciences r...
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• East Bay Industrial Market in 2021 Records Strongest Leasing Activity Since 2016
This report provided by Cushman & Wakefield ECONOMY: California Reopening Stumbles, Industrial Does Not The East Bay, consisting of Alameda and Contra Costa counties, recorded positive job growth with 31,000 jobs added year...
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• Optimistic Outlook Predicted Across All Commercial Real Estate Sectors
The Winter 2022 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that the current recovery from the recent pandemic-related economic recession has had a positive effect on all California com...
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