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Market Pulse: North Bay, September 2019

Welcome to the NAI Northern California’s “Market Pulse” feature. We checked the pulse of the North Bay commercial real estate market to discover the ups and downs of the office, industrial, retail, and multifamily markets. Each market has four dimensions: current inventory, under construction, 12-month net absorption, and vacancy rate. Check out our September 2019 North Bay Market […]

Market Pulse: South Bay, September 2019

Welcome to the NAI Northern California’s “Market Pulse” feature. We checked the pulse of the South Bay commercial real estate market to discover the ups and downs of the office, industrial, retail, and multifamily markets. Each market has four dimensions: current inventory, under construction, 12-month net absorption, and vacancy rate. Check out our September 2019 South […]

Three New Housing Bills to Impact Multifamily Real Estate Market

The multifamily commercial real estate market is likely to be impacted by three housing bills currently making their way through the California legislature. Senate Bills 330 and 13, and Assembly Bill 1485, each seek to relieve the state’s housing crisis by allowing additional construction and streamlining the approval process. Sponsored by Senator Nancy Skinner (D-Berkeley), SB 330 will […]

Market Pulse: East Bay, September 2019

Welcome to the NAI Northern California’s “Market Pulse” feature. We checked the pulse of the East Bay commercial real estate market to discover the ups and downs of the office, industrial, retail, and multifamily markets. Each market has four dimensions: current inventory, under construction, 12-month net absorption, and vacancy rate. Check out our September 2019 East Bay […]

Market Pulse: San Francisco, September 2019

Welcome to the NAI Northern California’s “Market Pulse” feature. We checked the pulse of the San Francisco commercial real estate market to discover the ups and downs of the office, industrial, retail, and multifamily markets.  Each market has four dimensions: current inventory, under construction, 12-month net absorption, and vacancy rate. Check out our September 2019 San […]

Noel Carrillo joins NAI Northern California as Investment Advisor in San Francisco

NAI Northern California is pleased to announce that Noel Carillo has joined as Investment Advisor in San Francisco. Noel specializes in multifamily properties. He has called San Francisco home for nearly a decade, seeing the City evolve over one of its most transformative eras, and now brings that local awareness to his clients in a manner that […]

5 US cities with the highest cost of living

According to a recent report by Move.org, the Bay Area’s major cities continue to rank in the top five for the highest cost of living nationwide. San Francisco holds the top slot, with New York City close behind, followed by San Jose, Oakland, and Boston. The report measured the average monthly cost for rent (a […]

NAI Northern California Presents: Redwood City Industrial Building Sold for $16M, Occupied by Facebook

Industrial building occupied by Facebook sold with long-term NNN lease REDWOOD CITY, CA –  August 19, 2019 –  NAI Northern California is pleased to announce the sale of 860 Charter Street in Redwood City, an industrial/office building occupied by Facebook, for $16 million. Armand Anicete represented the buyer of the property. The single-story building has a long-term lease with […]

Bay Area cities rank in top 10 for most LEED units

California has more LEED-certified multifamily properties than any other state, over 57,000 units worth, and the Bay Area has over 12,000 of these green apartments and condos, with three cities ranking in the top ten statewide. Just behind Los Angeles, San Francisco ranks #2 for the most LEED units, at 8,090, and San Jose is […]

NAI Northern California volunteers with Project Open Hand in San Francisco

On Tuesday, August 13th, NAI Northern California and Piedmont Financing volunteered with Project Open Hand in San Francisco. Six brokers, staff, and advisors from the companies’ San Francisco office worked at the Grocery Center peeling and chopping sweet potatoes for sick and vulnerable people in the Bay Area. Project Open Hand’s volunteer coordinator, Kelly Wong, described the nonprofit’s […]