Category Archives: North Bay Commercial Real Estate

Northern California office markets end year on a high note

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February 22, 2018

By: Susan Persin, Research Director, Northern California, JLL

A string of four mega leases, all closed in the fourth quarter of the year, capped a record-setting year for San Francisco’s office market.  With 18 leases over 100,000 square feet, 2017 surpassed 2014 for major leases signed.  Around Northern California, other records were set.  Here are highlights for the region’s major submarkets, along with our outlook for 2018.

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California wildfire season was tough in 2017, but NorCal economy survived

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January 11, 2017

By: Susan Persin, Research Director, Northern California, JLL

Last year was a tough fire year for Californians. Dry conditions and strong winds were a devastating combination. Damage estimates from fires throughout the state topped $10 billion before the impact of the Southern California wildfires had been measured. The acreage burned in 2017 was double that of the average for the last five years. In fact, an area equivalent to three times the… 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… Read More