No Vacancies: West Coast Offices
In Urban Cores Filling Up Fast
Suburban-urban cores chock full of amenities are proving to be popular among tenants and leasing up quickly along the West Coast.
Meanwhile, suburban offices with expansive campuses are struggling to gain tenants, especially in the Bay Area. South of Sunnyvale, vacancies are in the high teens, Dostart Development President Steve Dostart said at Tuesday's Big West Coast Office Expo in San Francisco.…
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Spanish Investor Pays Over $400M For SoMa Asset
Spanish investor Ponte Gadea is purchasing the Pacific Place complex in San Francisco from JP Morgan Asset Management for $475M. The mixed-use 436K SF complex split into two buildings contains a 192-room hotel, 202K SF of office and 129K SF of…
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What's Behind Industrial's Record Low Vacancy Rates And Climbing Prices
Investors nationwide are bullish on industrial, driving down cap rates and vacancies to sub-5% levels while stimulating new, large, sophisticated warehouse construction.
E-commerce and post-recession economic recovery are partially responsible for the 1B SF absorbed in the last four years. Novel…
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5.3M SF Mixed-Use Development Proposed At Former Potrero Power Plant Site
Owners of the former Potrero Power Plant have big plans for the waterfront site. Associate Capital submitted plans Friday to build a mixed-use development of up to 5.3M SF with nearly 2,700 residential units, a 220-room hotel, nearly 600K SF…
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Kilroy Realty Garners Fitwel Certification For 2.5M SF Of Office
Eight of Kilroy Realty Corp.'s assets have received Fitwel certification from the Center for Active Design. The buildings total 2.5M SF and are in Los Angeles, San Francisco and the Seattle area. They each received scores ranging from one to…
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Airbnb App Is Giving Users Something To Chew On With This New Restaurant Reservation System
The company has partnered with Resy in order to develop an in-app feature that allows guests to easily search for the type of food they want in the language in which they communicate.
Because approximately 50% of Airbnb users are international, according to…
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Hyperloop One's Global Field Ops Manager On What Musk's Transport System Will Mean For Cities
“It has the potential to change not only how we live and work, but how we build cities.”
Hyperloop One global field operations manager Paul Smith is talking about the way the proposed new transport system originally conceived by Elon Musk could have a revolutionary impact on real estate, and the way national economies work.
Hyperloop has the potential to rebalance economies away from a few major cities and redistribute real estate value that is concentrated in those places, Smith said. He uses the U.K. as an example, but this is a potentially global change.
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Industrial Boom: How The 14 Largest Big-Box Industrial Markets Are Faring This Year
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