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What's driving Silicon Valley's Multifamily and Mixed-Use Boom? Find out tomorrow! |
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An office with a view is costing quite a bit more in the San Francisco Bay Area. Skyline rents in San Francisco are the third-highest in the country with average rents of $76.11/SF, according to JLL's 2017 Skyline report. 
Oakland's skyline rents are the eighth most expensive in the country at $54/SF, and San Jose is within reach of the top 10 with rents of $45.56/SF. The other markets more expensive than San Francisco are New York with $87.90/SF…
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New Apartment Community In Menlo Park Begins Leasing Units
CityView and Greystar have nearly completed their latest project in Menlo Park. Leasing has begun at the 146-unit Elan Menlo Park, designed by KTGY Architecture + Planning. The property at 3645 Haven Ave. includes over 17K SF of indoor/outdoor amenity…
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California Retail Closures Resulting In Thousands Of Lost JobsRetail closures are hitting California hard. More than 7,000 retail jobs have been lost during the first half of the year. These job losses are significant because they result in fewer consumers able to spend money, only furthering the problems in retail. 
The number of store closures in California increased by 15% to 76 closures during the first half of 2017 compared to the first half of 2016 with 66 closures, according to the state Employment Development Department. The increase was led…
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Obamacare Repeal Could Cripple Rural Hospitals And Lead To More ClosuresThere is a perfect storm raging in the healthcare industry that has caused a slew of hospitals to close across the country. Healthcare reform and changing business models are at the forefront of those challenges. Approximately 2,300 rural hospitals are in the United States. Of those, 81 have closed since 2010, according to the North Carolina Rural Health Research Program. Because rural populations tend to be poorer, these hospitals rely heavily on Medicaid reimbursement, which has been dispersed in greater quantity since the Obama administration passed the Affordable Care Act. |
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Is There A Real Estate Solution To E-Commerce's Returns Problem?E-commerce is the single biggest driver of the industrial real estate market and growing, but it has a glaring inefficiency. If we get everything we need delivered to our homes, why is it so difficult to send it back? Distribution centers are being built all over the country, many as big-box facilities that in some cases require clearance of up to 40 feet. Last-mile distribution centers, designed to be leaner to make use of tighter spaces close to major cities, are beginning to crop up — like a rumored Amazon warehouse close to the University of Pennsylvania's campus in West Philadelphia. Real estate is changing shape to better fit e-commerce, but only the sexy part. Returns are still a worry. |
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