Development

One of the largest industrial landlords in the nation has been focusing more intently on intermodal and port facilities.

Its 81,300-square foot prelease also means that the tenant-friendly market conditions will continue as more trophy office moves into the pipeline.

Rincon Place, a new park in SoMa/Rincon Hill, is situated between the Bay Area Metro Center regional agencies' headquarters and Tishman Speyer's community Lumina, and will provide a community gathering space.

More office buildings are slated to be repurposed into apartments, retail, and/or hotels, helping to keep vacancy at bay.

In spite of all the new construction, “overall supply and demand metrics remain roughly in line,” says R. Christian Sonne at CBRE.

For Amazon, "it's a combination of city planning, telecommunications landscape and real estate community mentality," WiredScore CEO Arie Barendrecht tells GlobeSt.com in the second part of a two-part interview.

At a national average of 2.6% year over year, the current rate of rent growth is “roughly in line with the long-term norm,” says Greg Willett at RealPage.

The affordability crisis is the pains of growth, according to Tom Wulf of Lowe, who stresses the importance of working with the community.