Please see this article from GlobeSt. that explains the pro's and con's of zero cash flow triple net investments.
See: http://www.globest.com/news/12_1189/orangecounty/retail/Whats-Driving-Interest-in-Zero-Cash-Flow-NNN-361342-1.html?ET=globest:e47493:830623a:&st=email&s=&cmp=gst:California_AM_20150908:editorial
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.
Wednesday, September 9, 2015
Tuesday, March 17, 2015
Venture-backed tech firm sublease, San Francisco, plug & play opportunity with Bay views and oh…a ping pong table!
If you are looking for a high-end tech firm sublease in San Francisco, look no further! This is a full floor at 201 Mission Street.
The space features a mix of offices, break rooms, conference rooms, a kitchenette / cafe, open areas, and more.
It is fully furnished making this a plug and play opportunity.
For more information, please contact me at mgedymin@tricommercial.com or feel free to view the flyer at https://drive.google.com/file/d/0B2t3moAZc2nyYVJmWEpXcjNQZkE/view?usp=sharing
Thanks!
The space features a mix of offices, break rooms, conference rooms, a kitchenette / cafe, open areas, and more.
It is fully furnished making this a plug and play opportunity.
For more information, please contact me at mgedymin@tricommercial.com or feel free to view the flyer at https://drive.google.com/file/d/0B2t3moAZc2nyYVJmWEpXcjNQZkE/view?usp=sharing
Thanks!
Thursday, July 31, 2014
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!
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!
Monday, July 7, 2014
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.
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.
Wednesday, July 2, 2014
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.
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.
Thursday, June 19, 2014
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.
Please see here for information from our friends at the Business Journal regarding 200 Middlefield Road.
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