PG&E eyed S.F. exit for years before downtown Oakland tower deal: court records

$892 million downtown Oakland deal includes $420 million purchase price for Oakland tower CBRE300 Lakeside Drive office tower in downtown Oakland, the proposed site of PG&E’s future corporate headquarters. PG&E sought for years to find ways to exit its inefficient San Francisco headquarters complex and transplant its head offices to the East Bay before striking … Continue reading PG&E eyed S.F. exit for years before downtown Oakland tower deal: court records

Post Covid – How Construction Finance Has Changed

Photo: Levelset Written By: Teddy Swain, TRI Commercial Real Estate Advisor Given all that is going on in the world today – Covid-19, shelter in place, record unemployment – it is now more than ever crucial that we continue to see the much needed affordable and market rate housing be built in the Bay Area. Cities … Continue reading Post Covid – How Construction Finance Has Changed

North Bay landlord Seeks to Capture Piece of Bay Area Exodus with New Office Building

By Blanca Torres  – Reporter, San Francisco Business TimesJan 3, 2020, 7:47am PST Updated Jan 3, 2020, 10:59am PS While many office tenants feeling squeezed in the core Bay Area have left the region — or the state altogether — a Solano County landlord is now hoping to lure them. To capture some of the exodus, the Wiseman Co. plans … Continue reading North Bay landlord Seeks to Capture Piece of Bay Area Exodus with New Office Building

California Is Booming. Why Are So Many Californians Unhappy?

Fire, garbage and homelessness increasingly plague the Golden State. Traffic on the San Francisco-Oakland Bay Bridge. High housing costs in coastal areas have produced ever-longer commutes. Credit: Aaron Wojack for The New York Times By Conor Dougherty , Dec. 29, 2019 SAN FRANCISCO — Christine Johnson, a public-finance consultant with an engineering degree, was running for … Continue reading California Is Booming. Why Are So Many Californians Unhappy?

Del Beccaro’s Recruiting Efforts Have Paid Off With Top Promotion

Just one year after joining TRI as executive vice president and manager of the company’s East Bay offices, veteran Edward Del Beccaro has been promoted to San Francisco Bay Area regional manager. By Lisa Brown | December 23, 2019 at 04:00 AM Ed Del Beccaro’s career in commercial real estate spans more than 40 years in the Bay … Continue reading Del Beccaro’s Recruiting Efforts Have Paid Off With Top Promotion

Central SoMa Development Opportunity Assets Sell for Combined $14MM

November 15, 2019 465 Tehama Street Activity remains hot in San Francisco’s central SOMA (South of Market) district as developers target the area for new opportunity. Buyers remain on the hunt for opportunities to reap the benefits, snapping up properties as they hit the market. Barry Bram, Principal of TRI Commercial/CORFAC International, recently represented sellers … Continue reading Central SoMa Development Opportunity Assets Sell for Combined $14MM

The New Normal? Bay Area Property Managers Reckon With Shut-Off Fallout

October 10, 2019 Dean Boerner, Bisnow San Francisco Reporter When Pacific Gas & Electric Co. broadened its shut-off map to about 600,000 customers Wednesday night, the utility company also added to the number of owners and property managers forced to enact emergency measures. It's a potential, but untenable, new normal for Northern California. "There has to be … Continue reading The New Normal? Bay Area Property Managers Reckon With Shut-Off Fallout

TRI Commercial Leases in San Francisco’s South Financial District

October 2, 2019 SAN FRANCISCO – Continuing a year-long trend of growth and service enhancement, TRI Commercial/CORFAC International is transitioning its San Francisco headquarters from their long-time address at 100 Pine in the Financial District to Stevenson Place at 71 Stevenson, a major client-owned building in the South Financial District.  The move coincides with a strategic … Continue reading TRI Commercial Leases in San Francisco’s South Financial District

West Portal Worries

The neighborhood has avoided a plague of vacancies, but stability brings its own threats By Shwanika Narayan and Roland Li | Sept. 27, 2019 On most days, West Portal Avenue teems with shoppers. Parents with little children scuttle from Ambassador Toys to the public library. When thousands of daily commuters exit the century-old Muni station, they’re steps away from … Continue reading West Portal Worries

2019 TRI Companywide Meeting

Over 100 agents, property managers, and admin personnel turned out last week for our companywide meeting at the Falls Event Center in Roseville. TRI President, Thomas Martindale Walnut Creek Office Manager, Edward Del BeccaroTRI CFO, Andrew MurbachTRI Owner, Charles Wall Exciting developments were highlighted during President Thomas Martindale’s opening remarks, including the addition of the … Continue reading 2019 TRI Companywide Meeting