TRI's quarterly newsletter - ready for review!

Click here for TRI San Francisco's second quarter 2014 commercial real estate report.  Thankyouverymuch.

The Gedymin Report - Q2 2014 Commercial Real Estate newsletter - it's ready for viewing!

Are you wondering what office rents are for San Francisco?  Curious who just signed the largest office lease in San Francisco history?  Wondering what venture-capital investment was for the last quarter?  Or, wondering what SBA loan rates are currently?

Well, look no further.  My newsletter has all the answers and more.

Click here and feel free to ping me with comments or feedback.

Thanks!

Home Depot Drops Plans for Bayview Store - unfortunate

Most cities the size of San Francisco have a Home Depot.  Home Depot has tried to open a store in the City for a very long time.  The Chronicle and SF Business Times are reporting that a deal to open a store is now on hold.

Both the City and its residents are losing here - we can use both the $600 million in sales taxes and the jobs.

Who wins here?  Other cities like Colma win (which is where I shop), affording them continued tax revenue and jobs.

This is an easy deal to strike - the City just needs to make it happen like the Twitter deal and corresponding concessions which helped get that deal done.

Visit here for the story.

Marin County Pension Fund Plans Sale of $129MM Bay Area Portfolio - Is this a good idea or will retirees suffer?

The Registry is reporting that the Marin County Pension Fund is planning to bring $129MM to the sale market and if they get the terms they hope for, they plans to sell specific assets.  The proceeds will then go into a commingled national fund of real estate assets.

Part of me is not a fan of this.  If these assets have been held for 15 years or so as reported, then the current basis for these properties should be low meaning rents should be more than covering the expenses - why sell?  What if the commingled funds don't experience the same historical performance?

I know many "buy and hold" owners who never sell anything and they seem to prefer knowing their properties extremely well, knowing their tenants well, and understanding the market fundamentals.

See here for the article and let me know your thoughts.

Menlo Park commercial property sale returns to stratospheric level - no bubble in sight

If "smart" money is chasing these types of deals, then we're in for a few more quarters of much of the same - high sale prices and competition.

Please see here for information from our friends at the Business Journal regarding 200 Middlefield Road.

A new McDonald's along MidMa, but not what you think!

AdAge is reporting that McDonald's is opening an office in MidMa (they call it in "Silicon Valley") but nonetheless, it will add tech talent jobs to the City.  If you want a burger and shake, you'll have to look elsewhere!

Welcome to McD's and see here for the article.

San Francisco may be loosening zoning - PDR uses in some instances may allow for office, retail, etc.

The law firm of Ruben, Junius, & Rose has a fabulous update on pending changes to the Production, Distribution, and Repair (PRD) zoning that has tried to maintain blue-collar uses in the City but as we all know, office is the highest and best use (from a rent perspective) so they have been denied vacancy in these PDR properties.

Please see here for more information.

Invest in commercial real estate via self-directed IRAs.

I plan to connect with my finance colleagues to learn more - please ping me if you have questions or please contact your investment advisor.

If your advisor is not familiar with this, please contact me and I will recommend someone who can assist you.

Please see article from GlobeSt.com here.

Tesla inks large NorCal industrial lease!

Great to see - we need the jobs, economic stimulation, and clean-energy vehicles on the road!

See here

The Gedymin Report - Q4 2013 Commercial Real Estate Newsletter

My quarterly newsletter is ready for readers here.

Readers will be updated on commercial leasing rates, vacancy statistics and investment numbers.

The newsletter also includes information regarding venture capital investment, real estate trends, and recently completed transactions.

Please contact me for further details.

Enjoy!

Venture-Capital Spending Is Up - The Tech Sector Will Continue To Benefit

The trend of venture capital investment increasing in the Bay Area continues.  My quarterly newsletter for commercial real estate, The Gedymin Report, has provided investment totals nationally and regionally for years now and the below article highlights recent statistics.

My newsletter is almost finished - stay tuned!

http://www.bizjournals.com/sanfrancisco/blog/2014/01/moneytree-venture-pricewaterhousecoopers.html?ana=e_du_pub&s=article_du&ed=2014-01-17

San Francisco office leasing update - 2013 was stupendous for owners, not so good for tenants

As I continue to report in The Gedymin Report and here, the San Francisco office market is hot - a plus for owners but a financial disaster for tenants.

Please see this article from the SF Business Times and keep an eye out for my quarterly newsletter in the coming weeks.

Thanks!

http://www.bizjournals.com/sanfrancisco/blog/2014/01/sf-office-leasing-boom-smashes-record.html?ana=e_du_wknd&s=article_du&ed=2014-01-04