Category Archives: San Francisco Commercial Real Estate

Be More Productive at Park Tower

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October 12, 2016

By: Wes Powell, International Director

There are countless strategies we, as individuals, can employ for increasing our own personal productivity, from adjusting our own work habits to being better organized in accomplishing tasks and efficiently managing our time.  But, did you know that our workplace environment also has a significant impact on productivity?

Everything from temperature, to airflow to what kind of light we use has an impact on how well… Read More

Bay Area’s Vital Signs Snarled by Traffic

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October 5, 2016

By: Christan Basconcillo & Eduardo Romero, JLL Research

A new report from the Metropolitan Transportation Commission (MTC) came out this week and it wasn’t pretty reading for Bay Area commuters.

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To few people’s surprise – especially those of us who drove the routes last year — the northbound Peninsula afternoon… Read More

5 Good Reasons Why Silicon Valley Power Is Consistently Ahead of the Game

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September 26, 2016

By: Raul Saavedra, Executive Vice President, JLL

Silicon Valley Power (SVP) may not the best known utility in California but if you operate heavy power load facilities such as data centers, it’s one you probably should get to know…and fast. From my industry vantage point, data center operators throughout the Bay Area are scrambling to work with the nonprofit. There is currently single digit vacancy in the data center space… Read More

San Francisco’s Central SOMA Plan One Step Closer to Reality

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August 15, 2016

By: Jack Nelson, Research Analyst, JLL

City planners’ vision of creating San Francisco’s next major sustainable urban neighborhood took a major step forward last week with the official unveiling of the draft Central SOMA Plan.

Central SOMA (SOuth of MArket) is a 230-acre neighborhood adjacent to San Francisco’s downtown core.  Currently, it is a mix of light industrial, commercial and residential and, under current zoning, has the potential to build space for… Read More

Apartment for Rent

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August 3, 2016

By: Brittany Martinez, Marketing Coordinator, JLL

The Bay Area’s rental apartment market is booming.  Vacancies throughout the greater Bay Area are highest in San Jose, at 3.7 percent.  That’s almost a full percentage point lower than the national average.  The availability of units in the East and North Bay markets is even lower, at 2.3 percent.

bernal heights photoRead More

KTVU: Oakland’s boat lifting on San Francisco’s rising tide

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July 13, 2016

By: Kristina Sanderson, Marketing Director, JLL

The economic growth we’ve seen in the Bay Area in the last five years has driven demand for office space throughout the region, with tech leading that trend. San Francisco and Silicon Valley have captured the lion’s share of this demand, but with little space left in those markets, tenants are now looking to Oakland and the East Bay to expand.

Amber Schiada, Vice President and… Read More

Transbay Takes Shape

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July 12, 2016

By: Ryan Mathews, Marketing Manager, JLL

Parcel F, the last remaining site available for development in the Transbay neighborhood, has been sold by the Transbay Joint Powers Authority, paving the way for further interim financing to complete Phase 1 of the $2.25 billion transportation hub now under construction at First and Mission.

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Photo: www.transbaycenter.org

It’s been a long journey for the redevelopment of the… Read More

Ability to implement office design critical – on par with price and location

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June 29, 2016

By: Ryan Mathews, Marketing Manager, JLL

Office design that appeals to an employee’s non-work self, has open and flexible workspace options, and uses natural materials is important for companies in San Francisco to consider. The ability to implement these current trends is as critical, if not equal to, price and location. The Skyline report examines local insights on office supply, demand, leverage and investment.

Office design trends… Read More One of the hot topics

San Francisco Office Market Costs in Two PowerPoint Slides

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June 8, 2016

By: Todd C. Burns, President, Project and Development Services

Earlier this month, JLL released its updated report on construction costs and trends in the U.S.  Not surprisingly, costs to build office space in San Francisco are still rising and are now on a par with Boston and Chicago, though still trail New York City.

However, as the slides below show, San Francisco landlords are able to ask for rents now on a par… Read More

Large Block Office Demand Gap Narrowing in San Francisco

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June 2, 2016

By: Jack Nelson, Research Analyst

Appetite for San Francisco office space remains strong. According to our data, there were six large-block lease deals through the first four months of 2016. In April, the market saw three leases greater than 100,000 square feet including Lyft, Stripe, and Fitbit. These were deals that removed a significant amount of sublease space from the market at the time.

There are 14 large contiguous blocks of… Read More