Author: Matt Geist
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The Covid Year & its Effects on the Commercial Real Estate Market
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Commercial real estate trends are not absolute–and they’re not necessarily exactly the same in all markets or submarkets. However, general trends matter when predicting what the future holds, even when these trends seem to be changing weekly in response to vaccination levels and the easing of government restrictions. That being said, for several decades…
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Anyone reading this understands that 2020 was one of the most volatile and difficult years in our lifetime. With that, the commercial real estate market and industry has become one of the most affected industries by the COVID-19 pandemic. However, 2020 did not affect all commercial real estate categories in the same way. The industrial sector of the economy has…
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With San Francisco office rents 50% to 100% more expensive versus the East Bay office markets, the East Bay office market rally continues its upward trend into the 3rd quarter of 2019 as San Francisco tenants “spillover” into Alameda and Contra Costa counties. While overall East Bay rent growth has slowed since 2016, its trajectory remains upwardly positive with tenant…
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The Bay Area is showing no signs of slowing as large block requirements continue to compete for limited availability in the San Francisco markets. Fueled by continued ferocious IPO activity, the San Francisco “bucket” has begun to overflow into the Oakland and I-680 Corridor markets. Although demand continues to steadily increase in the East Bay, rents are still considered a…
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Something happened in July 2019 that warrants considerable attention. The U.S. economy pushed through 120 months to reach the nation’s longest ever economic expansion. This phenomenal economic story demonstrates the resilience of American businesses and the consumer. Along the way, equity markets as measured by the Dow Jones and S&P 500 have more than quadrupled, while commercial real estate values…
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Office space is extremely important to help enhance team’s creativity and inspiration, and Basic American Food’s space is as creative and innovative as their diverse menu of offerings! In 2017, company executives faced a dilemma. Their existing space lacked energy and felt outdated. The existing space also didn’t promote the company’s desire to refresh their brand and bring to life…