Big Bay Area Tech Tenants Use Leverage To Dictate Leasing Terms, Office Design
April 9, 2018

Big Bay Area Tech Tenants Use Leverage
To Dictate Leasing Terms, Office Design

Join Bisnow in honoring the Bay Area's leading women in commercial real estate May 30.

Even though office market conditions favor landlords in San Francisco, large office tenants are using their clout to shape leases and office design. Big tech tenants, especially ones taking entire buildings, know they are the holy grail of tenants for San Francisco landlords, and are using that to get what they want out of their offices.

“The trend is hunting and chasing the biggest, most creditworthy tenants,” JLL Vice President Tom Poser said. Landlords prefer these big tenants because building owners do not have to spend as much on upfront tenant improvement costs. These tenants understand…

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Troubles In Retail Push FivePoint To Reconsider Large Shopping Mall At Candlestick Point

Five Point Holdings may not build a 635K SF shopping mall at Candlestick Point after all. The developer has officially suspended its plans to build a mall as part of its large-scale development along the Southeast shore in San Francisco,…

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Blurred Lines: 10 Tie-Ups Where The Real Estate And Tech Worlds Are Working Together

The Urban Land Institute and PwC's Emerging Trends In Real Estate Global report published in March had a big focus on the disruption the tech sector has unleashed on real estate.

But the report also highlighted the many ways traditional real estate firms and tech companies are combining to drive innovation in the sector.

Here are 10 key instances where the lines have been blurred.

1. Developers embrace AirbnbIn December, Brookfield committed to invest $200M in Niido, a concept created by Airbnb which will see multifamily developments built specifically for use by the short-term rental company. The first scheme, a 300-unit Airbnb-branded block, is being built…

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Got news? Email Bay Area reporter Julie Littman at julie.littman@bisnow.com