In a world of 24/7 connectivity and a glut of available high-tech tools and toys, TRI Senior Vice President Scott Vix just proved the enduring value of patience and persistence. Five years’ worth of these virtues, to be exact. Scott is an office and industrial adviser who worked with Hernandez Engineering starting in 2012 to find a location for their sizable San Francisco equipment storage yard.
The San Francisco land/industrial market is tight and finding a large undeveloped lot in the City was a challenge. “There’s not a lot of raw vacant land left in San Francisco and competition is fierce, but I was determined to get my client the space they needed,” he noted.
Just last month, Hernandez finally acquired the perfect 19,728-sf lot in Bayview for $1.55M. The property was formerly a rail spur, where train cars could be loaded and unloaded without disrupting traffic on the main line.
Beyond the specs of Square Feet and Price… These 5 metrics are key to finding the Office Space you are looking for.
The Beijing-based company, Oceanwide, spends $32.5M on the small parcel next to the site for their $1.2B Mega-Development at 88 First Street, San Francisco
CORFAC International is pleased to announce that Axis Property has joined our global network, bringing our total number of offices to 80 worldwide.
Axis Property/CORFAC International is a commercial real estate firm specializing in property sales, leasing and property management in the industrial, office, retail and investment markets in greater Melbourne, Australia. Daniel Liberman, Director and Owner, founded Axis Property in 2010.
“We are excited to join CORFAC International. With a network of more than 80 commercial real estate firms worldwide intent on providing business referrals, networking and quality service to fellow partners, this partnership allows us access to the latest international trends, investment opportunities, marketing and groups seeking to expand their operations in our region. We believe that this will provide our clients with a unique opportunity to better promote their properties and attract interest from a wider audience,” said Liberman.
Since its founding in 2010, Liberman has seen Axis Property nearly triple in size. The key, he says, is to never give up and to keep client satisfaction high by being honest, being reliable, and rolling up your sleeves and coming up with creative solutions to whatever challenge comes your way.
“We’re thrilled to have Axis Property join the CORFAC family as our newest member firm,” said Jonathan Salk, Executive Director of CORFAC International.
“Axis Property is doing outstanding work in the greater Melbourne region and we’re very excited to add their expertise to our network. CORFAC continues to expand both domestically and overseas and we couldn’t be happier that we’ve added such a strong partner who is keen to help us grow,” Salk added.
Visit their website at www.axisproperty.com.au.
The article below notes the 20 zip codes with the highest rental rates in the Bay Area.
One must take note that this research only covers apartment buildings of 50 units or more. Because of this, it is comprised mostly of buildings that were developed over the last decade. As these continue to pop up here in the Bay Area, this shines light on the continued trend of upward rental rates in highly developed areas.