What is challenging for some may be an opportunity for others …

2nd September, 2010 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

out in Livermore, California the Tri-Valley Learning Corp. which operates the Livermore Valley Charter School is in contract to buy 15 office/flex buildings totaling 100,000 square feet as well as 13 acres of undeveloped land.  The park was originally designed for smaller tenants and owner/users but with the drop in commercial real estate values as » Read More

The cool factor …

1st September, 2010 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Deloitte, the Big Four CPA firm, is downsizing from 285,000 square feet to 166,000 square feet of office space in San Francisco, and totally changing their work environment in the process. Instead of private offices the new workspace will be about collaborative spaces, face-time, cafes and enclaves with the latest video-conferencing … as the Managing » Read More

Nine Signs The Office Market Is Starting To Recover

31st August, 2010 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Commute traffic is starting to get worse Brokers actually get too busy with real lease deals to keep up on their daily blogging and twittering Office prospects start to run into each other while touring available space Landlords reduce their list of agreeable concessions from 50 to 20… Commercial office leasing agents golf scores start to » Read More

A Truly Green Office Broker

30th August, 2010 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

LEED Certified   Drives a Prius or Tesla on client tours   Only uses a Nalgene water bottle and is willing to share   Wears clothes made out of recycled materials   Never prints out lease drafts to review but does this online   Carries an organ-donor card that certifies all parts of his/her body » Read More

The list of Top Twenty-Five Commercial Real Estate Brokerage Companies was just published by National Real Estate Investor, and here are the top 15 …

27th August, 2010 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

#1 CB Richard Ellis  #2 Colliers International  #3 Cushman & Wakefield  #4 Jones Lang LaSalle  #5 Studley  #6 NAI Global  #7 Newmark Knight Frank  #8 GVA Worldwide  #9 The CORE Network  #10 TCN Worldwide  #11 CORFAC International  #12  ONCOR International  13. Cassidy Turley  #14 Grubb & Ellis  #15 Marcus & Millichap. Read More

Over on the San Francisco Peninsula, in the city of Brisbane at 8000 Marina Blvd.

26th August, 2010 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

the 200,000 square foot Class A office building sold in 2005 for $53.8 million, or $280 a square foot, and then in 2007 sold again for $71 million, at $365 a square foot.  The property just went back to the lender, and recently sold for $30 million, or $155 a square foot … oh, the value » Read More

Mervyn’s Department Store headquarters in Hayward sold.

25th August, 2010 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Wow, less than $17 per building foot for a 336,000 square foot former Mervyn’s Department Store office headquarters in Hayward!  Sold at auction in recent weeks, this former department store conversion to office may have set a new low price for office building sales in the San Francisco Bay Area … Read More

Offshoring used to be the domain of the large corporations who sent their back-office jobs to India, the Philippines and elsewhere …

24th August, 2010 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

now even small companies are taking advantage of both full-time as well as part-time employees being hired offshore.  Thanks to technological advances in the speed of the Internet and tools that are available no matter how large or small your company may be, whatever job function can be done effectively, securely and cost-efficiently at substantial » Read More

Today the federal regulators closed eight more Bay Area banks,

23rd August, 2010 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

and this trend unfortunately is far from over … with each shutdown and takeover by another lending institution as part of the federal program scores of jobs are cut as there is little need for multiple accounting departments, overlapped branching, etc … Read More

World’s population…

9th August, 2010 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

The world’s population will hit 7 billion next year and within just 40 more years exceed 9 billion … and most of this growth is in third world countries just itchin’ to outsource US jobs … Read More

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