Friday, October 26, 2012

TRI Commercial's 3rd Quarter Market Report

Please see our market report which will shed light on the past quarter's commercial real estate activity and trends.

https://docs.google.com/open?id=0B2t3moAZc2nyRWpod2UtbzJSS2s

Great to see that SF has incubators for the blue collar crowd

It's great to see that inventors and businesses who need "shop space" have a place to get their ideas, products, and inventions off the ground!

From the SF Business Times: http://www.bizjournals.com/sanfrancisco/print-edition/2012/10/26/inventors-paradise-techshop-tripling.html

From SF Business Times: "Square Inc. to reshape its Mid-Market HQ in San Francisco"

The rise of companies such as Square and Dropbox signify the greatness of the Bay Area in terms of innovation and impact on the consumer and business communities.

The meteoric growth of these two companies for example is staggering - what happens if the demand outpaces the office inventory supply?...

From the SF Business Times here http://www.bizjournals.com/sanfrancisco/morning_call/2012/10/square-to-reshape-its-mid-market-hq.html

Thursday, August 30, 2012

From Costar - will this affect the Bay Area?

Great article to read regarding the impact of possible spending cuts.

http://www.costar.com/News/Article/Sequestration-What-Me-Worry-/140881

Wednesday, August 1, 2012

Wednesday, July 18, 2012

Another real estate crash coming? And more?

Please let me know what you think about this:

http://finance.yahoo.com/blogs/breakout/america-heading-towards-collapse-worse-2008-europe-says-155504860.html

The Gedymin Report - Second Quarter 2012 Newsletter

My quarterly newsletter highlighting commercial real estate trends in San Francisco is now available for viewing.

Other information includes San Francisco office rental rates, office vacancies, submarket highlights, financing information, venture-capital news, and more.

Enjoy!

The Gedymin Report - Q2 2012

Saturday, July 14, 2012

It's time to sell

http://online.wsj.com/article/SB10001424052702303292204577518810593701118.html?mod=residential_real_estate San Francisco will see several new property owners in the coming quarters.

What Happened to Silicon Values? - The Atlantic

What Happened to Silicon Values? - The Atlantic

Unfortunate but true, experienced first hand...

Friday, May 18, 2012

Creative SOMA Suite For Lease - Exposed Ceiling, Polished Concrete Floor

Please contact me for more information regarding this new SOMA office listing for lease.

SOMA Office Building For Sale

Please contact me for more information regarding this 6,464 r.s.f. two story building for sale at 169 Stillman Street.



Thursday, April 19, 2012

The Gedymin Report Q1 2012 Newsletter Is Available

My quarterly newsletter is now available here.

Inside are trends, a forecast, regional updates, research, and other important items anyone with a San Francisco real estate requirement will benefit from.

Enjoy!

TRI's First Quarter Market Report Is Now Available!

Click here for research, news, trends, and completed transactions for the first quarter in San Francisco's commercial real estate community.

Deal to Announce: Welcome Taulia Inc. to 420 Taylor Street!

This three-time client found an AMAZING top floor sublease with a roof deck, polished concrete floor, exposed concrete ceiling, new fixtures, new kitchenette, windows throughout, glass offices, and more!

This location is proximate to BART and next door to both the Hilton and Cliift Hotel - the old SF charm is still alive out there!

Congrats and welcome to your new space!

Deal to Announce: Welcome Blueprint Studios to 1315 Carroll Avenue!

My associate Scott Vix and I completed a lease for an industrial property on behalf of our long-term client.  BPS needed a permitted spray booth and this building was ideal for their use.

We look forward to helping with unique requirement such as this and welcome your calls.

Thursday, March 15, 2012

Deal to Announce: Welcome Paragon Legal to 601 California St.!

Congrats. to another repeat client for their Downtown San Francisco office lease!  The space is amazing - they did a wonderful job with paint, carpet, and furniture.

Please contact me with your office leasing requirement as I am very active in the Financial District.

Deal to Announce: Welcome Fattext to 594 Howard Street!

I am pleased to announce a third successfully completed transaction on behalf of this client.

After trying to renew at their current location near Caltrain, we found a space at Howard Street and Second Street for OVER TEN DOLLARS PER RENTABLE SQUARE FOOT PER YEAR LESS.

The craziness is here and in full effect - having the correct broker represent you and show you well-priced spaces is more imperative now than before.

South of Market office space is available but some owners have a higher cost basis and require high rent.  Please call me to discuss.

Wednesday, March 7, 2012

State of the Market as of March 7, 2012 Part II

Salesforce.com has decided not to develop their Mission Bay campus which will subsequently add approximately 2 million square feet of office demand to the City.

Landlords are pushing rents up as the demand is outpacing supply.

For more specific information, please see the S.F. Business Times' article this past week regarding the tech firms gobbling up space in the City.

Also of note, Zynga moved forward with their option to purchase 650 Townsend Street which signals further concern for tenants that ample space at reasonable rates is diminishing.

State of the Market as of March 7, 2012 Part I

The commercial real estate market is becoming so hot that overbidding for space is becoming a reality in many deals.

I have a client that just signed a lease South of Market that attempted to lease space in the Financial District but did not want to be a part of a bidding war and "race to the finish" which some brokers use to get deals done.

One industrial client was also told another group was making an above-asking offer but thank goodness my client is more desirable to the ownership - we are awaiting a lease and I hope to report more in the coming weeks.

Deal to Announce: Congrats to Hamilton Family Center for their Option Extension!

I'm happy to report that my client successfully exercised their option to extend at 255 Hyde Street.  This option was part of our original negotiation and we are very glad that the owner originally agreed to this.

Congrats to all those involved!

Tuesday, January 24, 2012

Deal to Announce: sale of 645 Larkin Street

Anton Qiu and I just sold this property and are currently involved in a tax deferred exchange for this client. Please contact me with questions.

Wednesday, January 11, 2012

The Gedymin Report - 4th Quarter 2011 Market Report

Please visit here for my quarterly newsletter.

Now in it's third year, The Gedymin Report provides readers with statistics, market information, advice, and other interesting facets involving commercial real estate.

Enjoy!

Deal to Announce: Welcome SocialDart to 228 Hamilton, Palo Alto!

A serial entrepreneur whom I've been fortunate to represent twice before just signed a new lease for his new company.

The Palo Alto market is tight and somewhat pricey but the location is ground-zero for tech innovators.

Welcome and thank you!

Deal to Announce: Welcome Dr. Dave Grayson-Dickey to 329 Bryant Street!

I'm proud to have represented this client for a second time - enjoy your new space and thanks to Mark Walker for helping represent the ownership and get this deal done.

Deal to Announce: Welcome DEVCON Construction to 333 Valencia Street!

I'm proud to have represented both the tenant and owner here - DEVCON is a nearly $1 billion dollar general contractor who is building a multi-unit property in the Mission and needed office space.

Welcome to the building and thank you for working with us!