Commercial Real Estate – Santa Cruz
Call Us: (831) 476-2222

Category Archives: Uncategorized

San Francisco Is Leading Office Rents Across the Country, Into the Red

posted by: Admin in: Uncategorized

Asking rents for office space in the San Francisco market are falling for the first time in over a decade, and are dropping at the fastest pace of any other market across the country. With office availability on the rise and tenant

Continue reading

Pinterest pays $89.5 million to terminate San Francisco office lease

posted by: Admin in: Uncategorized

Pinterest, a social-sharing site popular for pinning recipes, home inspiration and more, has canceled its large San Francisco office lease. The lease was for 88 Bluxome, a high-rise complex to-be-constructed near Pinterest’s existing San Francisco headquarters. The company cited a shift

Continue reading

Retail Properties Face Added Risk of Closings as Office Workers Stay Home

posted by: Admin in: Uncategorized

As retail bankruptcies pile up during the coronavirus pandemic, vacancies across the country are rising and don’t look like they’re going to stop. CoStar estimates upward of 100 million square feet of retail space will go dark over the course

Continue reading

Google Letting Staff Work From Home Until Summer 2021 May Spark Retail Fallout

posted by: Admin in: Uncategorized

As the largest occupant of real estate in the Bay Area, Google’s decision to let staff work from home will keep one of Silicon Valley’s largest workforces out of the office. Jesse Gundersheim, CoStar’s director of market analytics in the

Continue reading

Real estate CEO says ‘a little bit of humanity’ is needed as concerns over evictions rise

posted by: Admin in: Uncategorized

A real estate brokerage CEO told CNBC that flexibility and understanding is needed as concerns rise over the possibility of a wave of evictions linked to the coronavirus.  “We have to apply a little bit of humanity in this environment

Continue reading

Apartment Rent & Demand in San Francisco

posted by: Matt Shelton in: Uncategorized

Covid-19 has caused many changes in big cities like San Francisco. Some good changes, like less traffic, adaptation to technology which supports WFH (work from home) resulting in greater flexibility and so on. One less predicted consequence, is a reduction

Continue reading

Latest Front in Food Delivery: Kitchen in Empty Malls

posted by: Admin in: News, Uncategorized

Property developers are building kitchens in empty mall space and parking lots to fill food-delivery orders, a new approach in the fast-growing business of shuttling meals to customers. Developers say “ghost” kitchens can create new interest in retail and warehouse

Continue reading

New York may chase away business as it considers ‘commercial rent control’

posted by: Admin in: News, Uncategorized

The “Small Business Jobs Survival Act” is designed to protect small mom-and-pop shops in New York City from rising rent prices. The legislation would require 10-year leases, which could only be be altered with the tenant’s approval, to be offered

Continue reading

Office Rents on Fifth Avenue Rank No. 2 For Most Expensive

posted by: Admin in: Uncategorized

Office rents on Midtown Manhattan’s Fifth Avenue are living up to the street’s pricey reputation, according to a new ranking of the nation’s most expensive office strips. Fifth Avenue came in second behind California’s Sand Hill Road in Menlo Park,

Continue reading

San Jose hotel purchase suggests hot Silicon Valley lodging market

posted by: Admin in: Uncategorized

A big Holiday Inn north of downtown San Jose has been bought by a New York-based group in a nearly $62 million deal that points to a healthy hotel market in Silicon Valley. “This is a very strong hotel market

Continue reading

Facebook

Follow Us!

Twitter