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Existing inventory is 100% leased and 700 Santana Row is under construction featuring 30,000- and 50,000-square-foot floorplates, with headquarters-quality office space.
Walnut Creek has experienced a renaissance that has brought high-end restaurants, shopping and nightlife to the downtown core—making it one of the Bay Area's true 24-hour cities—at a cost less than urban counterparts.
The TCJA is expected to boost the tech and financial sectors and multifamily housing, but slow single-family home prices, according to a recent Cushman & Wakefield report.
Because Stage 1075 was the first for-sale condo product in Mid-Market, there wasn't a benchmark on how a product of this type would do; however, it is 50% sold, pointing to the confidence in the area.
Shopping center investor favorites such as Westlake Village include daily needs, Internet-resistant or service-based retailers with long-term leases to national and regional credit tenants.
Construction of major infrastructure on Site A will commence later this month, representing the first major public/private development at Alameda Point since Naval Air Station Alameda closed in 1997.
Testing of autonomous vehicles on public roads will begin at Bishop Ranch, according to Contra Costa Transportation Authority, which is leading a pilot project test of electric low-speed multi-passenger vehicles.
Lincoln40 will be developed on a 5.9-acre infill site along Olive Drive, near the intersection of Richards Boulevard, three-quarters of a mile east of the University of California, Davis campus.
Students from Cal's Fisher Center for Real Estate and Urban Economics and a handful of SIOR docents recently took a bus tour of some of the area's projects in varying stages of construction.