Real Estate Blog
Google wants to buy big Kirkland Urban development, sources say
Tableau and Wave have leases in the space, but Google could buy tenants out of their leases or let them lapse if it took control of the property.
Real estate broker Holly Yang bridges the cultural gap for investors from China
Yang sat down to discuss foreign investment, the trade war and tips for Chinese business deals.
E-commerce is turning industrial sector into hot commercial real estate asset class in L.A.
As consumers increasingly shop online, retailers are changing how they interact with their customers. Customers are expecting the option of picking up their purchases or having them delivered with expediency and convenience, similar to how they were able to buy the product with just a few clicks.
Retailers recognize they need to feel as if they’re physically close to their customers, according to Los Angeles commercial real estate executives.
“For many years, it was about being close to the…
New managing director in BPM’s real estate practice discusses office space trends, recent tax changes and more
James Su is happy to be working in the Bay Area again.
Su, BPM’s new managing director in the firm’s real estate tax practice, where he oversees construction cost segregation and real estate advisory services, grew up in California and studied architecture and civil engineering at UC Berkeley.
After college, his interest in industrial development took him overseas, where he worked for a multinational developer managing the construction of large manufacturing facilities in China.
In 1997,…
What business tenants and landlords should know about Texas’ lockout law
In the world of commercial leases, things do not get much more aggressive or urgent than when a landlord locks a tenant out of its leased space.
An employee arrives at work to find a conspicuous notice on the door, and is unable to enter the premises. Even if access can be regained quickly, employees miss shifts and income, the tenant’s business income suffers, and its customers may be adversely affected.
Considering the effects of social media, thousands of people may quickly know about…
3 smart tech-savvy companies leading commercial real estate into the future
Some companies are embracing technology and permanently changing the future of commercial real estate. Three notable companies leading the technology revolution in design, construction and the importance of connectivity are SGA, Siemens Building Technologies, and WiredScore.
SGA
SGA is an architecture, interior design, planning, virtual design and construction and branded environments firm in Boston and New York which is using virtual reality (VR) and augmented reality in design for its new construction…
Mainland’s home tiki hut trend hasn’t hit Hawaii yet
Extravagant home tiki bars are becoming popular on the Mainland, with businesses that cater to homeowners who want a piece of Polynesia on the Mainland, but the trend has yet to catch on in Hawaii.
The Wall Street Journal reports one homeowner in Ventura, California — who is also a bartender at a bar called VenTiki Lounge & Lanai — spent $30,000 to transform his two-car garage into a tiki bar with room for his tiki-themed collection and seating for 20 people.
The newspaper notes that the bamboo-clad…
Bay Area home prices fall — is it just a blip or a sign the market’s turning?
An unexpected but long-awaited minus sign has emerged in the Bay Area housing market. No one knows yet if it will be around for a while, but real estate agents say the data is backed up by anecdotal evidence too.
Over 200 apartments hit market as Union City’s billion-dollar housing push moves forward
As renters flee San Francisco and Silicon Valley, one developer is hoping to pull the expats to an unexpected place: Union City.
Windflower Properties LLC recently started leasing out Union Flats, a 243-unit apartment development next to BART at 34588 11th St. Starting prices range from $2,315 to $3,310 for one- or two-bedroom units.
The developer is targeting millennials and retirees seeking an affordable place to settle down. In San Francisco, the median rental price for a one-bedroom is $3,680,…
What’s more valuable, Austin’s housing market or Coca-Cola?
We've all heard that the Austin housing market is valuable. But just how valuable?
The total value of Austin's residential real estate market is $222 billion, according to an Aug. 28 report by LendingTree.
That's slightly larger than the perceived value of consumer goods company Procter & Gamble Co. (NYSE: PG), which has a market capitalization of $205.6 billion, but just behind Intel Corp. (Nasdaq: INTC) at $222.9 billion, based on Friday afternoon share prices. LendingTree's $222 billion estimate…