We hope our colleagues, clients, and partners had a wonderful Labor Day weekend!
Cresa San Francisco Bay Area
非住宅房地产租赁
San Francisco，California 463 位关注者
We think beyond space to get occupiers the best results.
关于我们
Cresa is the world’s largest tenant-only commercial real estate firm. In representing tenants exclusively — no landlords, no developers — we provide unbiased, conflict-free advice. Our integrated services cover every aspect of a real estate transaction from site selection and financing to project management and relocation services. We offer our clients customized solutions with nearly 60 offices in 75 markets worldwide. For more information, visit www.cresa.com
- 网站
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https://www.cresa.com/sanfrancisco
Cresa San Francisco Bay Area的外部链接
- 所属行业
- 非住宅房地产租赁
- 规模
- 501-1,000 人
- 总部
- San Francisco，California
- 创立
- 1993
- 领域
- Commercial Real Estate、Transaction Management、Project Management、Global Accounts、Strategic Services、Site Selection、Lease Administration、Capital Markets、Facilities Services和Brokerage
动态
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The Silicon Valley office market showed signs of stabilization in Q2 2024. Vacancy rates remained almost flat compared Q1, though slightly decreasing. Asking rates continue to trend downward, reflecting market fundamentals. Availability also held steady from the previous quarter but saw a decrease over the past year. However, despite these positive indicators, the market continues to face challenges due to complex city regulations and varying market fundamentals. A sustainable recovery will require improvements in broader economic conditions and more effective return-to-office policies. See below for our full breakdown of the SV office report in our quarterly publication! #siliconvalley #office #occupiers #CRE
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Cresa San Francisco Bay Area转发了
The San Francisco market continues to surprise us. Here is this quarter’s report.
The San Francisco office market showed encouraging signs of stabilization in Q2 2024. Notably, there was a decrease in the velocity of new vacant spaces compared to previous quarters. Tenants significantly expanded their footprints with the signing of new deals, and new local ordinances are being proposed to stimulate more downtown activity. Additionally, tenants are actively seeking more space, with overall leasing activity showing a notable improvement compared to Q1 2023. See below for our full breakdown of the SF office report in our quarterly publication! #office #occupier #CRE #sanfranciscobayarea
Q2 2024 Office Occupier's Guide
cresa.com
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Millions of square feet have been delivered over the past 12 months with more than 5.0MSF left in the pipeline. Expect vacancy to continue rising as leasing demand continues to lag new supply coming online. Though, for Occupiers, landlords in these projects will be eager to provide significant tenant concession packages to build the space you need. However, that’s not to discount 2nd?generation lab product that is currently on the market. Tenants have more options for existing lab product than ever before. These solutions provide speed to occupancy and mitigate upfront capital costs. https://lnkd.in/gp2nM-MU #lifescience #occupiers #sanfranciscobayarea #CRE
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The San Francisco office market showed encouraging signs of stabilization in Q2 2024. Notably, there was a decrease in the velocity of new vacant spaces compared to previous quarters. Tenants significantly expanded their footprints with the signing of new deals, and new local ordinances are being proposed to stimulate more downtown activity. Additionally, tenants are actively seeking more space, with overall leasing activity showing a notable improvement compared to Q1 2023. See below for our full breakdown of the SF office report in our quarterly publication! #office #occupier #CRE #sanfranciscobayarea
Q2 2024 Office Occupier's Guide
cresa.com
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As companies start to put teeth into their return to office strategies, employees are still pushing back. So, what does make the commute worth it? And how might the existing work environment be re-imagined to draw people back? Managing Principal Craig Zodikoff and Principal, Workplace Solutions Gillian Baikie look at how employees work from home and where to find the answers. View the full whitepaper:? https://lnkd.in/geAPspkx #Workplace #ReturntoOffice #HybridWork #Office
Fostering the Office Employees Actually Want to Use
cresa.com
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Happy Pride Month! The San Francisco Pride celebration has always endured as a symbol of hope, joy and a reminder of the ongoing fight for equality and acceptance. At Cresa San Francisco Bay Area, we support our LGBTQ+ colleagues and friends, and we strive to be allies every day of the year. #pride2024 #SanFranciscoBayArea #CRE
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The Silicon Valley R&D market started the year on a steady note. Vacancy increased higher, as both availability and asking rates held flat quarter-over-quarter. For the fifth consecutive quarter, absorption was negative as VC funding remains below historical levels, with investors waiting for a more favorable rate environment to deploy capital. Despite some challenges, the market for sublease space remains tight, as companies continue to seek ways to mitigate out-of-pocket expenses associated with buildouts and relocations. However, the Department of Commerce's recent decision to reallocate funds intended for semiconductor projects poses an potential risk, impacting significant developments such as the Applied Materials' EPIC campus. https://lnkd.in/gryrZ_pj #siliconvalley #researchanddevelopment #CRE
Q1 2024 Silicon Valley Office R&D Report
cresa.com
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The San Francisco office market continues to build momentum into 2024. Net absorption was positive led by OpenAI's occupancy of 486K SF in Mission Bay, while vacancy increased to all-time highs and availability stayed flat quarter-over-quarter. Given the vast amount of space on the market asking rates continue to decrease. The technology sector, heavily impacted by layoffs and economic pressures, continues to face difficulties, influencing market recovery. Building sales are reshaping the investor landscape, providing opportunities for buyers to reset rental rates amidst a growing demand for flexible lease terms and financially attractive sublease options. https://lnkd.in/g3wh_dXc #sanfranciscobayarea #office #occupiers #CRE
Q1 2024 Office Occupier's Guide
cresa.com