California Commercial Real Estate News Roundup 2019

We put together a list of transaction and lease highlights around California’s commercial real estate market. The list also covers financial factors that are important for property owners and investors to know.

California CRE News Q1 2019

This quarter’s California commercial real estate news highlights include: consumer confidence rising in The Golden State, SF & LA office markets ranking worldwide, how climate change could affect properties on California’s coastline, and major leases around the state.

Consumer Confidence Rises in California Contrary to the National Sentiment

California continues to be a healthy choice for investments and fiscal opportunities, especially when it comes to commercial real estate. Connect covers the key points of how the consumer confidence is rising in The Golden State compared to the overall sentiment nationwide. Read More

The President Plans to Cancel $1 Billion Funding for Bullet Train in California

The highly contested railroad project connecting Los Angeles to San Francisco hit another speed bump. President Trump and the US Department of Transportation are pulling back on funding for the major high-speed train set to connect Southern and Northern California. Read More

San Francisco & Los Angeles in Top-30 Most Expensive Office Markets Worldwide

The most recent Global Outlook Report by Knight Frank covers past and present rates for office spaces in major cities around the world. Hong Kong tops the list with a plethora of other cities around the globe representing the most expensive office commercial real estate markets. Read More

$150 Billion of Real Estate on California’s Coastline at Risk Due to Climate Change

Recent research released by the US Geological Survey (USGS) suggests that over $1 trillion of property is at risk due to rising sea levels and other climactic changes in the coming years. California possesses a massive amount of such properties due to its coastline. Understanding the risks is the best way to protect your assets. Read More

How One Real Estate Investment Firm Evolved the Market in Hollywood

Hudson Pacific, the largest independent owner of studio spaces in the United Space is celebrating its 100-year anniversary. Here’s a look back at how it influenced the real estate market in and around Hollywood. Read More

Credit Karma Signs One of the Largest Leases in Oakland Over the Last Few Years

San Francisco-based financial tech company, Credit Karma, signs lease for an office building with 106K square feet. The company currently has over 1,000 employees and is using this move as an opportunity to expand and grow. Read More

Google Set to Replace Macy’s & Nordstrom in LA Mall

The Silicon Valley-based tech giant is set to occupy a former 584K square foot shopping mall and turn it into a creative office campus for its operations. Read More

National CRE News: 4 Ways the Federal Tax Cuts Affect CRE Investors

While the overall effect of the new tax laws that started in 2018 is hard to predict, there are some major benefits that can be capitalized on initially for commercial real estate owners and investors alike. Read More