San Francisco On Verge Of A Coworking Explosion And Landlords Are Taking Note
The rapid growth of coworking in San Francisco among both large, branded providers and small independent operators has led to a shifting attitude among landlords.
Two to three years ago, landlords were less willing to consider this type of tenant, but now they are actively seeking to partner with coworking providers to create a better tenant mix within their portfolios.
While many landlords have been…
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Choice Hotels Expands Cambria Hotels Brand With Two More Hotels Headed To Bay Area
Choice Hotels International has entered into an agreement with Stratus Development Partners to develop five Cambria Hotels, beginning with a 180-room hotel in Santa Clara. Since 2017, Choice Hotels has been expanding its Cambria Hotels brand throughout the country.
Choice Hotels and Stratus have secured…
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San Francisco Voters Support CRE Tax, Mayor's Race Still Undecided
While the San Francisco mayor's race remains too close to call, voters in the city supported a measure Tuesday that will tax commercial property owners to raise funds for education while defeating a measure that would have levied a similar tax to fight homelessness.
The closely watched special election for San Francisco mayor remains a question mark, with London Breed and Mark Leno holding an almost equal number of votes. The city uses ranked-choice voting, which distributes the remaining votes among voters' second-choice candidates.…
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Colliers Jumping On The Big Data Bandwagon With PropTech Founder Hire
One of the country's largest commercial real estate brokerages is boosting its big data strategy with a major tech hire.
Colliers International tapped Jake Edens as its new head of technology and innovation strategy. Edens is the founder of REscour, a platform that marries available public commercial real estate data with a company's proprietary data. Colliers also partnered with REscour last month.
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Data Center Market Profitable, But Older Properties Need To Keep On Their Toes
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