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Colliers International | WC East Bay Office Team leased 21,895 rsf at Pleasant Hill Executive Park to the Veterans Administration.
Eric Erickson and Brian Clack to announce the completed lease-up of Ygnacio Station, a 4 building office project at Walnut Creek BART. Thanks to Larry Easterly for bringing the tenant
The East Bay Office Team is pleased to announce the recent lease of 1,321 sqft office in one of our favorite listings, 700 Ygnacio Valley Road
When comparing different properties tenants all want to know the occupancy cost. Competent agents provide rents and expenses then do a comparative analysis of these costs. We look at occupancy costs, concessions, and tenant costs and compare these options using simple spreadsheets to complex analysis software.
The Eastbay Office team is pleased to announce the recent sale of a small 3,000 sqft office building to an environmental engineering company. “After a year
The East Bay Office Team acquired this listing in late October. This three story office building is occupied by US Bank on the first floor with 6,500 square foot second and third floors which are available for lease. Both suites are in warm shell condition with two new restrooms on each floor.
The East Bay office team is proud to announce two leases signed at 925 Ygnacio Valley Rd. The landlord agreed to split a 1,480 square foot space in two for separate marriage and family
The East Bay Office Team is pleased to announce its newest re-appointment to lease these four small but grand buildings located on Ygnacio Valley Road across from the Walnut Creek BART Station. The owner acquired the properties in 2015 for its family trust. Eric Erickson and Brian Clack were the leasing agents…
Just this week Uber announced it was taking 330,000 sqft in Oakland (see the article here). Even though our clients have relatively small space(s) in a different market we think this is an indicator that office demand in in the North 680 market will improve right away. Last quarter was “slack” for the Walnut Creek B segment (rents and vacancy both went up) today we are seeing dramatic changes with the quotes we are receiving from the other brokers in the market.
The General Plan 2025 was adopted by the City of Walnut Creek to support and manage the growth that is expected to increase in the Walnut Creek community in the coming years. This plan concentrates on building on the open spaces within the downtown area, capitalizing on BART and bicycle-friendly roads for residents who can commute to the city or around the East Bay. In Walnut Creek, city and community leaders recognized that fact when creating the General Plan 2025…
The Colliers East Bay Office Team recently completed the lease-up and sale of Civic Executive Park in Concord, a seven building 140,000 square foot project acquired in 2012 by local investor owners which was not performing and plagued with high vacancy.
Real estate investors can remain confident in their acquisitions and refinancing due to the attractive options in the debt markets. 2015 is predicted to be a healthy market given strong domestic and international investor demand for commercial real estate, a wave a loan maturities, low interest rates and continued improvement of property fundamentals. Lenders expect a robust debt market in 2015 with ample credit and aggressive underwriting to meet the large amount of borrower demand. Interest rates continue to remain at historic lows. While there is chatter of rising interest rates, economists predict that there will be minimal uptick during 2015.
The City of Walnut Creek is planning a new initiative to expand the development potential in downtown. The plan will change the City’s landscape and skyline. This is a bold initiative that will add more housing density to the downtown core. We will see taller buildings up to 89 feet in height and improved intermodal connections for the Oakland boulevard corridor. Landowners should be very happy. The zoning changes will increase land values.
The Shadelands of Walnut Creek once known for a sleepy back office business park is transforming to a business center surrounded by retail shopping, recreation facilities, child care, and medical services. Not to mention, the entire business community will be able to get to work using an express bus service and bicycle trails. With the new developments of Walnut Creek’s Downtown making the city more urban, the Shadelands is a beacon for companies looking to expand in traditionally suburban Walnut Creek.
The Shadelands is often referred to being locked away from the freeway by eighteen stoplights. Over the years tenants have shown preference to Concord office properties over Shadelands because of the perceived transportation and travel time limitations. Economically these two markets are nearly perfect substitutes with comparable rents and terms.
Our Team here at Walnut Creek|East Bay Office would like to welcome you to our newly designed website. You will find our current property listings as well as our portfolio of properties we have sold and leased over the past several years. For your convenience and knowledge, check out our Client Resources where you’ll have access to all of Contra Costa County’s resources for small businesses.