TRI Commercial's SF Market Report

Here is our latest market report filled with stats, transaction details, and more.

Use Your IRA to Purchase Investment Real Estate

The article here shows how people are using their IRAs to invest in real estate which adds diversity to the usual investment vehicles.

Diversification can make sense.

61% of New Office Deliveries Are Pre-Leased - And What's Left Won't Be An Option For Most Commercial Tenants

CBRE is reporting that a great majority of the new commercial deliveries are pre-leased which means what's left will need to be leased as occupancy dates approach.

Large tenants are typically the ones who have committed to these blocks of space and typically are full floor occupiers.

What this means is that most commercial leasing tenants aren't going to be able to lease these spaces because 1. they may not be able to lease a full floor or more 2. new construction lease rates aren't cheap and 3. not everyone wants to be in a downtown or similar location.

Just because you see cranes and buildings being built doesn't mean there's new inventory that will be an option for small and medium-sized companies.

For the report, please click here.

Chinese Outbound CRE Investment Way Up

BusinessWire has a report here of the spike in Chinese outbound commercial real estate investment.

Much of this is inbound to the United States.  The smaller investors who may not be included in these statistics will continue to acquire U.S. properties, boosting the pool of buyers.

The price per square foot in accordance to BART stations - please see this graphic

Thanks to the people who did the research to determine the cost per square foot for real estate proximate to BART stations.

Enjoy!

City coffers should be flush with revenues from property taxes

San Francisco just broke a record and you can thank all the residential and commercial property owners who have recently bought and sold which triggered a new tax basis.

See here: http://www.bizjournals.com/sanfrancisco/morning_call/2016/07/sf-property-assessment-taxes.html?ana=e_sfbt_rdup&s=newsletter&ed=2016-07-19&u=vg6D5JmGWYz237t8pJQfyu9S9ik&t=1468941996&j=74977152

Warning to commercial tenants: If The ADA Education and Reform Act of 2015 does not pass, "drive-by" lawsuits will only continue

One of my commercial clients, an insurance agent, informed me of a string of "drive-by" lawsuits his parent company had been dealing with nationally.

This bill will help avoid costly litigation and allow commercial tenants to make repairs (or seek repairs by their landlords) without money going to unscrupulous attorneys.

See here:http://www.narfocus.com/billdatabase/clientfiles/172/2/2696.pdf?om_rid=AAQwPS&om_mid=_BXhTApB9PiYlhL&om_ntype=BTNCommrcial