CA - San Francisco
CA - San Gabriel Valley North
DEMOGRAPHICS
San Francisco-
Oakland-
Fremont, CA
2,473
4,347,767
1,661,661
MARKET HIGHLIGHTS
•;Salesforce.com has signed
a 400,000 SF lease in San
Francisco, the largest Office
deal in the city in a decade.
•;Several tech companies have
seen substantial growth and
demand for public offerings.
•;South of Market construction
has rebounded slowly and
will continue in Mission Bay,
highlighted by the erection of
UCSF’s new medical center.
DEMOGRAPHICS
Los Angeles-Long Beach-Santa Ana,
CA
4,850
12,935,173
4,288,080
MARKET HIGHLIGHTS
•;Pricing and demand increasing
slightly but positively.
•;Class A product and smaller
buildings have retained their
value better.
•;Industrial vacancy is 4-5%.
Office vacancy is 13-14%.
•;Virtually no construction for
Office and Retail. It will require
increase in space demand and
rates.
$113,164
1,916,201
7.3%
Coldwell Banker Commercial
Westbay Real Estate Group
1575 Bayshore Hwy., Suite 100
Burlingame, CA 94010
(650) 344-4300
www.cbcburlingame.com
CONTACT
•;Median prices for residential
properties remain flat, although
the sales volume has increased.
•;As high profile service industry
leaders such as Bank of America
continue to face economic
hardships, technology and
biotech firms will continue to
drive the city’s employment and
real estate market.
•;San Francisco’s citywide Office
vacancy rate was 14.7% in
the fourth quarter of 2011,
the ninth-lowest among 79
metropolitan areas. Asking
rates in South of Market
climbed 22% in the fourth
quarter from a year earlier to
$46 a SF, the fastest growth rate
for that area since 2000.
$87,517
5,313,010
11.6%
Coldwell Banker Commercial
NRT - Arcadia
15 E. Foothill Blvd.
Arcadia, CA 91006
(800) 445-5500
www.cbcworldwide.com
CONTACT
•;Many tenants are renewing
leases 1-2 years early at current
market rates.
•;Very few commercial
foreclosures partially due to
large down payments. SBA is
seeing more foreclosures due
to low down payments in the
10-20% range.
•;Demand for large Hotels is
increasing with several in the
pre-development stage.
OFFICE
RETAIL
OFFICE
RETAIL
Vacancy
Q
Vacancy
P
Vacancy
N
Vacancy
Q
Absorption
P
Absorption
Q
Absorption
N
Absorption
N/A
Rental Rates
P
Rental Rates
Q
Rental Rates
N
Rental Rates
N
INDUSTRIAL
MULTI-FAMILY
INDUSTRIAL
MULTI-FAMILY
Vacancy
Q
Vacancy
Q
Vacancy
Q
Vacancy
Q
Absorption
Q
Absorption
P
Absorption
P
Absorption
P
Rental Rates
Q
Rental Rates
P
12 Rental Rates
P
Rental Rates
P
