Category Archives: Bay Area Commercial Real Estate

San Francisco to add 7,100 hotel rooms by 2020

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July 13, 2017

By: Sonia Greenlee, Senior Vice President, JLL Hotels & Hospitality

It’s reset time for the San Francisco hospitality market. After 9 years of little or no new hotel construction, San Francisco is set to see four major hotels open this year. They are: Yotel SF in mid-Market; Hotel Via in SOMA; Virgin Hotel and the Marriott Mission Bay. Another six or so hotels are also in planning and due to open by 2020.… Read More

Bargain hunting on the retail streets of San Francisco

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July 10, 2017

By: Laura Tinetti, Senior Vice President, JLL

Look at any list of the most expensive places to live or work today and chances are San Francisco will appear on that list. The city’s rise as a tech and financial hub as well as a headquarters location is well documented and has driven it to a high level of global prominence.  Earlier this year, we even listed San Francisco among our top 30 most… Read More

Vertical farming might be next in San Francisco adaptive re-use trends

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June 27, 2017

By: Tom Poser, Executive Vice President, JLL

Adaptive re-use has become a key component of the commercial real estate world, especially in development-constrained cities like San Francisco where raw land is hard to find, and often prohibitively expensive. But, it takes a certain vision to see beyond the current state or role of a building to what it might become.

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Prop M: At 31, San Francisco’s main millennial

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Date: June 19, 2017

By: Wes Powell and Jack Nelson, JLL

1986. The American president was an actor/tv star-turned-politician and the U.S. media was busy chasing a story that would embroil the White House in congressional hearings and scandal (Iran-Contra).  Meanwhile, in San Francisco, voters were adopting Proposition M, the first legislation anywhere in the country to limit high-rise office development on an annual basis.

2017. The American president is a reality TV star/businessman-turned-politician and the U.S.… Read More

How to make sure your office remodel doesn’t break the bank

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June 5, 2017

By: Alex Holton and Danielle Friend, JLL

“The brain is a wonderful organ; it starts working the moment you get up in the morning and does not stop until you get into the office.” – Robert Frost

Poet Robert Frost might have changed his opinion of the office if he had been writing those words today in Silicon Valley, San Francisco or Seattle. Tech-dominated markets in the Pacific Northwest have some of the greatest examples… Read More

North Bay real estate markets show appeal

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Date: May 15, 2017

By: Glen W. Dowling, Managing Director, JLL

First quarter stats show that more office and industrial tenants are looking to the North Bay counties of Marin, Sonoma, Napa and Solano for space options.

Substantial residential construction now underway in the region’s housing markets is one factor supporting this trend. In Sonoma County, more than 900 apartment units are currently under construction with several projects in the planning stages. Low unemployment is another reason.… Read More

Transbay park will provide a vibrant oasis

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Date: May 2, 2018

By: Steve Anderson, Managing Director, JLL

The Lorax would be happy in San Francisco. Amid the concrete canyons and the bustle of downtown and the homes and shops of the city’s neighborhoods, there are more than 220 public parks and open spaces. Curbed has mapped 46 of the best.

New Growth

Perhaps soon to be added to that list, San Francisco’s latest park is taking shape seventy feet above Folsom Street on the roof… Read More

Tenant deposits are up. Why, and what you can do.

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April 24, 2017

By: Alex Lassar, Senior Vice President, JLL

A clear trend is developing in the market for office space in the Bay Area: landlords are asking more tenants for higher deposits. Deposits are highest for younger, venture-backed companies without much operating history or clear path to profitability.

Photo credit: Mike Cohen, mjcohen photography, via instagram.com/mjcohenphoto

In some rare… Read More

JLL’s Illina Frankiv to climb the 7 tallest summits in the world

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April 17, 2017

By: JLL Staff Writer

What does achieving ambitions look like? For Illina Frankiv, Project Manager Renewable Energy at JLL, it’s a view from 29,029 feet.

The project manager and mountaineer was recently featured in JLL’s Achieve Ambitions video campaign after she successfully summited Mt. Denali, the tallest mountain in North America.

Ain’t no mountain high enough

“The goal is to climb Everest in 2018, but there will be many more mountains in between. I’m a go getter, I… Read More

Raiders rent hike in Oakland wasn’t really that bad

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April 10, 2017

By: Grant Yeatman, Senior Associate, JLL

The Raiders are leaving Oakland…again. This time they are headed to Las Vegas, where, we’re told, a $1.9 billion domed stadium will be built in the desert, or not far from it.

One of the reasons the Raiders wanted to leave the Oakland-Alameda County Coliseum, we’re also told, is because their rent “at the office” skyrocketed last year from $925,000 to $3.5 million. To be sure, that’s a… Read More