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

$49.5 million deal: Amazon buys big Dublin office building amid East Bay expansion

E-Commerce giant could employ hundreds at newly bought East Bay site By GEORGE AVALOS | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: April 1, 2020 at 7:35 a.m. | UPDATED: April 2, 2020 at 2:19 p.m. DUBLIN — Amazon has bought a big Dublin office building where it could employ as many as 1,000 or more people, paying nearly $50 million in … Continue reading $49.5 million deal: Amazon buys big Dublin office building amid East Bay expansion

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

Credit Karma Will Expand to Downtown Oakland, Keep HQ in SF

Credit Karma agrees to lease in new downtown Oakland office tower By GEORGE AVALOS | gavalos@bayareanewsgroup.com | Bay Area News GroupPUBLISHED: April 10, 2019 at 1:54 pm | UPDATED: April 11, 2019 at 1:09 pm The Key at 12th project, including a new office tower and the historic Key System Building at 1100 Broadway in downtown Oakland, concept. A downtown Oakland office … Continue reading Credit Karma Will Expand to Downtown Oakland, Keep HQ in SF

San Francisco Leasing Comps: Companies Continue to Pay a Premium for Space in the Bay Area’s Top Submarket

By Meghan Hall , The Registry March 12, 2019 As a whole, the Bay Area has strong office leasing fundamentals, powered by years of consecutive job growth and high, consistent levels of institutional investment. However, the cream of the crop when it comes to office space is San Francisco; its reputation as a world-class city and … Continue reading San Francisco Leasing Comps: Companies Continue to Pay a Premium for Space in the Bay Area’s Top Submarket

Sacramento Office Market Witnessed Steady Growth in 2018

TRI Commercial Releases Findings in Q4 2018 Office Research Report Article Published: January 29, 2019, The Registry SACRAMENTO (January 28, 2019) – Sacramento witnessed a steady decline in vacant space during this most recent economic cycle and reported 10.16% at the end of 2018. The current vacancy rate is now in line with national vacancy for the first time since 2012. “The … Continue reading Sacramento Office Market Witnessed Steady Growth in 2018

Back-filling Office Space in Class B and C Locations

By Andrew Jaffe   The U.S. office market is in a healthy state of equilibrium, with vacancies in the low teens and net absorption levels that are keeping pace with new development. But the solid state of the overall market isn’t shared equally across the board. Some cities, and some neighborhoods within cities, are attracting new residents … Continue reading Back-filling Office Space in Class B and C Locations