Commercial real estate instant insights for powerful business research, trends, and extensive education and information on CRE markets, practices, industries and sectors
Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
San Francisco Bay Area's original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.
The partners say the redevelopment plan calls for the office plaza to be converted to medical and “creative” office space that would support lifestyle uses, such as senior housing. Upon completion the project will be called “The Well at Sunset.”
The site of the Mitchell Brothers' O'Farrell Theatre is on the market at $10 million or can be leased for a monthly rent of $39,000, but the property is attracting residential developers, says the exclusive broker.
Unlike other economic development programs, the incentive is not limited to real estate investments, rather businesses that intend to deploy capital and operate in Opportunity Zones can benefit from this incentive.
The redevelopment will transform the CPMC campus from a large-scale hospital to a single family and multifamily project by Robert A.M. Stern Architects, known for designing contextually appropriate residential buildings.
The recent ULI reports demonstrate the focus on healthy living spaces with wellness extending beyond to the workplace, as companies increasingly pay more attention to employee well-being.
Colliers economist Andrew Nelson says the economy is strong now but is likely to start slowing in 2019 and more intensely in 2020, as the Fed attempts a soft landing.
With tech growth still robust and its continued positioning as a top-tier global destination, San Francisco's Union Square has remained resilient as other high-street retail hubs have struggled.
Sacramento is now approaching a critical mass of new, relocating or expanding employers which bodes well for the city's prospects as the market is likely to see further interest from private sector employers.
The project will be located on the southeast edge of the SF State campus and is expected to be completed in 2020. The 584-bed, mixed-use community will feature fully furnished apartment-style units with private and shared accommodations.
Consequently, high-quality retail centers possessing a significant degree of credit tenancy with strong tenant sales, such as the Dunes in Monterey Bay, are pushing cap rates into the 4.50% to 5.25% range.