Developer Buys Peninsula Office Building and Fully Leases to Tech Firm

by Roland Li, San Francisco Business Times Harvest Properties and LaSalle Investment Management have purchased a vacant office and R&D building in Foster City and immediately leased the entire building to a tech firm. The price for the 126,345-square-foot property at 1149 Chess Drive was about $35.3 million, or $280 per square foot. The [...]

By | March 8th, 2017|Categories: In the News|Tags: , , , |0 Comments

MARKETBEAT Office Snapshot Q3 2015, San Francisco

by Derek Daniels Bandwidth of Tech Boom Powers SF Market Employment in San Francisco and the greater metropolitan division (San Francisco and San Mateo counties) continued to break records in Q3 2015. Non-office sectors have certainly been on the rise, with leisure & hospitality up 5.2% and construction and manufacturing up 4.8%. The real [...]

C&W Northern California In the News – June, 2015

Contained herein is a collection of news media mentions for Cushman & Wakefield's Northern California region. Stories include transactions secured by several of our brokers and updates on new projects.  The media also frequently publishes data that our team has provided via research reports. June news stories featured  George Eckard, Grant Lammersen, Jeff Cushman, Mark Andersen, [...]

Wall Street Journal: City Living Lures Technology Firms

The Google building on 8th Ave in Manhattan. Photo: Preston Gannaway, WSJ   The Eschewing of Suburbia An interesting article recently appeared in the Wall Street Journal. Written by Eliot Brown, the story is one whose premise is not unfamiliar: Millennials continue to change the employment landscape of American cities and tech companies [...]

C&W Named Exclusive Leasing & Property Management Company for The Towers Emeryville

815,000 Square Feet of Office and Retail Space in Three Class A High Rise Buildings February 11, 2015 KBS and C&W Team Up KBS Real Estate Investment Trust III (KBS REIT III), a real estate investment trust based in Newport Beach, California has awarded Cushman & Wakefield the exclusive leasing and property management contracts for [...]

SF Could Hit Developers with New Fees to Keep Nonprofits from Fleeing

The view from Howard Street looking east at a proposed 5M high-rise December 12, 2014 Non Profits Splitting Town A San Francisco Business Times article recently revealed a rather interesting statistic: Approximately a quarter of the nonprofits in the City packed their bags and left town between 2011 and 2013. Business Times reporter Cory Weinberg [...]

San Francisco Jobs Hit Record High: December 2000 Numbers Shattered

  by Robert Sammons Regional Research Director, Northwest Job Growth: December 2000 Record Shattered According to the latest job numbers released by the State of California Employment Development Department on November 21, total jobs in the San Francisco Metropolitan Division (comprised of San Francisco, San Mateo and Marin counties) continue to climb ever higher – [...]

By | December 1st, 2014|Categories: In the News|Tags: |0 Comments

Q3 – Marketbeat Office Snapshot, San Francisco

November 1, 2014 By Robert Sammons, Regional Director San Francisco Bay Area Research 4.5% Unemployment The San Francisco unemployment rate fell to 4.5% in the most recent (August) month available, down from 4.8% in July and 5.5% one year earlier, according to the State of California Employment Development Department. Total nonfarm employment climbed by 35,500 [...]

By | November 1st, 2014|Categories: In the News|Tags: , , , , |0 Comments

C&W Northern California Headquarters: Minimalism Meets Modernism

425 Market Street: Floor 23 Cushman & Wakefield's Northern California headquarters are located in the epicenter of the Financial District at 425 Market Street, Suite 2300 in San Francisco. Within convenient proximity to SOMA, Union Square, The Transbay Transit Center and Salesforce Tower, we are situated next door to 50 Fremont Street, approximately seven [...]