Real Estate Investor Up Close

The following is a 45 minutes Webinar I produced for a client on the state of the commercial real estate market in North America, including a specific focus on the San Francisco Bay area investment, office, industrial and retail markets. http://www.rgfinancial.org/webinars4.php Please call or email me with any questions.

Regional Spotlight - Grubb & Ellis Insider Edition 137 6/16/2011 Turning Expertise into Opportunity through Industry Involvement -------------------------------------------------------------------------------- Mark Hinkins of the Walnut Creek office has been named a RICS Fellow by the Royal Institution of Chartered Surveyors, the highest designation available from the organization. Fellows begin with an MRICS, the requirements of which include education, experience, ethical standards and an evaluation in order to join. Those who qualify for the FRICS designation stand out as leaders in the field and can point to specific achievements during their careers. Mark, who joined Grubb & Ellis in 2001, specializes in representing private capital investors in the acquisition and disposition of office, retail, industrial and medical office buildings in the San Francisco East Bay and North Bay. He has held both regional and national board positions with RICS USA, and remains very inv

A local family is pitching two adjacent San Francisco office buildings as value-added plays. The buildings, at 221 Main Street and 101 Howard Street in the South Financial District, encompass 453,000 square feet. Their value is estimated at about $190 mil¬lion, or $419/sf. Investors can bid on either or both. CAC Group is marketing them for the Booth family. While the average occupancy rate is 96%, the owner is playing up the fact that leases on 70% of the space roll over within four years. That is expected to appeal to value-added investors because rising demand for San Francisco office space is driv¬ing up rents. In fact, local pros said that properties delivered empty or nearly vacant are fetch¬ing premiums because they can capitalize on the growing demand for large blocks of space by expanding technology companies. Asking rents for Class-A office space in San Francisco are $41.71/ sf, up 12.3% from a year ago, ac¬cording to Jones Lang LaSalle. The building at 221 Main Street has 36

If you missed my presentation last week on the commercial real estate markets in the US and the San Francisco Bay area, here is a quick summary; The San Francisco Greater Bay area economy, despite its housing bubble burst, dot-com bubble burst and massive job losses, will be one of the first markets to show recovery (coastal markets fair better than inland locations in a downturn), and the Port of LA and Port of Oakland are power houses for the manufacturing & warehouse/distribution sectors with exports to China (nǐ hǎo) now exceeding imports. The semi-conductor sector is doing amazingly well, as is the energy sector, and of course social media, Twitter, Linked-in, and this sector includes 'App' / Application developers (think "Angry Birds"), are expanding their office footprints significantly in the San Francisco office market by leasing over 200,000 SF in the last few months, in preparation of increasing their labor force in the next 12-24 months. Copies of my p