As noted in several of my newsletters, the Bay Area is a hotbed of acquisition for REITs looking for "stable" returns.
See here http://news.theregistrysf.com/publics-gobble-up-bay-area-real-estate/?utm_source=The+Registry+Database&utm_campaign=b7817a6423-SFvSJ_11_6_2012&utm_medium=email
This is a commercial real estate blog that will offer readers insights to everything under the sun pertaining to commercial real estate in San Francisco. You can visit www.markgedymin.com for more information.
Thursday, November 8, 2012
From Gladstone & Assoc: "Accessory Use" (live/work) and Airbnb-type restrictions
Please see the important updates from one of SF's top land use attorneys below.
http://gladstoneassociates.com/archive/NewsFromGladstone-10-11-12.htm
http://gladstoneassociates.com/archive/NewsFromGladstone-10-11-12.htm
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
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 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
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
Wednesday, October 24, 2012
Deal to Announce: Welcome Dimitriou & Assoc. to 351 California Street
I was pleased to represent this firm with their 10 year lease negotiation. We were able to secure extremely favorable terms.
Congrats!
Congrats!
The Gedymin Report - Third Quarter 2012 Newsletter
Please see my newsletter for information regarding San Francisco commercial real estate. In the report, I highlight office vacancy, rental rates, venture capital investment, SBA loan rates, and much more.
Please visit https://docs.google.com/open?id=0B2t3moAZc2nyR1BWdlQtRmtOWEk
Please visit https://docs.google.com/open?id=0B2t3moAZc2nyR1BWdlQtRmtOWEk
Wednesday, September 12, 2012
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
http://www.costar.com/News/Article/Sequestration-What-Me-Worry-/140881
Tuesday, August 21, 2012
Costar: More Bad News From the CMBS sector
We're still seeing the effects of the 2009 loans - there's still a lot of pain out there for some owners.
http://www.costar.com/News/Article/Percentage-of-CMBS-Loans-Paying-Off-Hits-New-12-Month-Low/140720
http://www.costar.com/News/Article/Percentage-of-CMBS-Loans-Paying-Off-Hits-New-12-Month-Low/140720
Monday, August 20, 2012
Costar: Bankers Note Some Easing of CRE Lending Standards
Here is some solid information regarding CRE lending.
http://www.costar.com/News/Article/Bankers-Note-Some-Easing-of-CRE-Lending-Standards/140719
http://www.costar.com/News/Article/Bankers-Note-Some-Easing-of-CRE-Lending-Standards/140719
Friday, August 10, 2012
Attention San Francisco Landlords:
Please see this from a prominent land use attorney
http://gladstoneassociates.com/archive/NewsFromGladstone-08-10-12.htm
http://gladstoneassociates.com/archive/NewsFromGladstone-08-10-12.htm
Wednesday, August 1, 2012
It's nice to see my reporting is ahead of Bloomberg!
Please review my quarterly newsletter from last month and you'll see that much of my reporting was ahead of the national media - I'm pretty proud!
http://www.sfgate.com/realestate/article/SF-office-building-sales-heat-up-3750956.php
http://www.sfgate.com/realestate/article/SF-office-building-sales-heat-up-3750956.php
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
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
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.
Friday, May 18, 2012
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!
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!
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.
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.
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.
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.
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.
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!
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.
Monday, January 16, 2012
From the SF Business Times: Salesforce signs huge office lease
For the details regarding this 400,000 square foot lease, please click here.
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!
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!
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!
Welcome to the building and thank you for working with us!
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