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What is the outlook for student housing and higher education in Northern California? Find out here! |
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The financial services sector, which accounts for a large portion of office real estate absorption, is leasing less space. Financial service firms — which include money managers, banks, insurers, investment funds, stockbrokers and more — have grown increasingly conservative in their office real estate usage dating back to the Great Recession, according to a recent Newmark Knight Frank report. This shift in real state needs can be attributed to four factors, according to NKF managing director of national market research Sandy Paul. 1. Increased Government Regulation
Following the Great Recession, lawmakers have tightened financial regulations, enacting laws like the Obama-era Dodd-Frank Act, forcing banks and other traditional lenders to tighten their lending standards. The government's call for increased transparency in business dealings has weighed heavily on…
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Blackstone Selling Last Assets Acquired In $39B Equity Office Purchase
Blackstone is moving toward selling the last remaining assets from its $39B purchase of Equity Office Properties Trust in 2007. Among the properties to hit the sales block in the coming weeks are San Francisco's Ferry Building, an office park…
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Experiential Retail Reinvigorates Malls
The plight of the shopping mall, once an entertainment destination, communal congregating point and convenient locus of shops, has been widely publicized. But the broad portrayal of all shopping malls as in decline or obsolete is at best misleading, and…
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Whole Foods Expanding In San Francisco
Whole Foods is looking for additional locations within San Francisco. The high-end grocer has seven locations in San Francisco and is in the middle of doing due diligence at a number of potential sites, according to Whole Foods Executive Director…
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WeWork To Open 10th San Francisco Location
WeWork is headed to Jackson Square in San Francisco. This new location at 655 Montgomery will be the co-working company's 10th San Francisco site. It will occupy three floors in the 19-story 269K SF building, according to WeWork's website. The…
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Student Housing Projects That Will Make You Want To Go Back To SchoolStudent housing developers all over are scaling back on excessive amenities like lazy rivers and gourmet chefs. Many recent student housing projects have stuck to the basics: fast internet speeds and proximity to campus. But it is still fun to imagine what college would have been like at one of these dorm halls or apartments. |
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