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ALAMEDA-The property had been on the market to be leased for quite a while before it was put up for sale, then sold immediately for $6.5 million. The building, in Alameda's Harbor Bay Business Park, is 50% occupied by Lucent Technologies under a 5-year lease.
SACRAMENTO, CA-The the 25-story, 426,789-sf office and retail space has attracted two new tenants and four more have signed renewals and expansions. The building is now 99.6% leased.
SANTA CLARA-A booster group aiming to move the Major League Baseball team to Santa Clara presented a proposal to the City Council for building a $262 million, 42,000-seat stadium on city owned property across from the Great America theme park.
SUNNYVALE, CA-Yahoo subleased the space, which it occupied for 18 months, for all fives years left on its master lease. Oak plans to move into the space in early November.
MILPITAS, CA-The Interstate 880 widening project in the Milpitas corridor is expected to cure 9-mph commutes that have stifled development in the area.
EL CERRITO, CA-Ross reportedly has successful stores in Emeryville, Richmond and Berkeley, and feels El Cerrito will target a market it is missing. The company signed on for 10 years in an area where triple-net lease rates are about $20 per sf.
RANCHO CORDOVA, CA-The company has occupied a 77,000 sf building in the Capital Center Business Park since last month and have been looking to expand in the area. Rents in the area go for about $1.65 per sf, monthly, full service.
OAKLAND, CA-The seven-year deal for 25,000 sf of recently renovated sublease space carries a monthly rent of $3 per sf, full service, with bi-annual increases of 3.5%.
SAN FRANCISCO-Huntsman Architectural Group signs on for 18,871 sf in 50 California at a rate $42 per sf. The firm liked the fact that the location was in shell condition and could be designed "like a blank canvas.
SACRAMENTO-McClellan Business Park, a joint venture between Morgan Stanley Real Estate, Industrial Realty Group and Stanford Ranch, has just leased 800,000 SF of space to three major tenants, adding to 2.5 million sf leased to 67 tenants over the past 18 months.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource