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Leasing Tips

Property Tax Appeals: The Impact on Government, Landlord, and Tenants

November 22, 2009

Tweet Over 1,000 San Francisco property owners have filed petitions with the City of San Francisco to have their property taxes reduced. The same is for virtually every other city as property prices have fell dramatically. Jose Guevara is property manager for Crocker Galleria, which has requested a 62 percent reduction in its assessed value, […]

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Sign Of The Times At Santana Row

June 23, 2009

Tweet For the past several years, the whole process of marketing, leasing, and selling commercial real estate deviated from historical norms. As things heated up, the concept of “pocket listings” spread from large institutional assets to even the most mundane asset which today sits on the market for extended periods of time. Another thing which […]

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Tenant Concerns About Landlords Sweeping The Market

March 13, 2009

Tweet About a week ago we wrote a post on tenant’s increasingly becoming concerned with the financial condition of their landlords. The SF Business Times today featured an article covering that very same topic. The article touched on non-disturbance agreements, as well as tenants seeking to have landlords put Tenant Improvmenet money in escrow accounts […]

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Tenants Concerned About Landlord Financials

March 4, 2009

Tweet The NYT had an article yesterday about tenants scrutinizing landlord’s financials as a precaution against the property owners getting into financial trouble or losing the building to the lender. We’ve discussed in extensive detail over the past year how deteriorating commercial rents, and an increasingly difficult (or impossible for many) lending environment is putting […]

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Proposition 13, Property Taxes, and Tenants

February 26, 2009

Tweet In the previous post we discussed plans on the table to hike taxes as an effort to help close budget deficits. As cities and the state continue to face tough economic decisions, there is increased scrutiny of Proposition 13, as it is seen by many as a way to help bring in additional revenue […]

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The Top Ten Mistakes Companies Make When Leasing Office Space

July 14, 2008

Tweet Following payroll expenses, facilities and related expenses are generally the second highest expenditure for a company. While people are naturally the most important asset to a company, real estate decisions should not be far behind. Too often though, companies fail to see the significance of real estate in the same light. The impact real estate has goes far beyond […]

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A Guide to Office Building Classifications; Class A, Class B, Class C

July 6, 2008

Tweet When considering office space, tenants will find that office buildings are generally classified as being either a Class A, Class B, or a Class C building. The difference between each of these classifications varies by market and class B and C buildings are generally classified relative to Class A buildings. Building classifications are used […]

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Economic Stimulus Act Includes Provision For Commercial Construction

March 24, 2008

Tweet Under current law, only 2.5% of a improvement costs to a commercial (or residential) property could be written off in the first year. The new economic stimulus package now allows for up to 50% of the improvement costs to be written off the first year provided the work is started and completed this year. […]

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The Incredible Growing Office Building

November 24, 2007

Tweet It used to be that when a new owner of an office building or office park set out to “add value”, it meant getting contractors involved to make improvements to anything from upgrading lobbies and common areas to improving lighting. Now, more and more landlords are turning to architects to help them “add value” […]

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Rising Rents Allowing Tenant’s To Exit Leases

November 7, 2007

Tweet The local economy has been moving along just fine. Large amounts of venture capital flowing into startups and continuing growth by local companies such as Apple, Google, Cisco, and VMWare have been contributing factors to the rapidly increasing rental rates for office space in Silicon Valley. As company’s grow they might find that their growth plans […]

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