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The days that US workers are willing to pick up, pluck their kids out of school and leave behind friends and family to relocate for their next job opportunity are fading fast.
The Valley continues to experience record-setting economic expansion with a large development boom in North San Jose, downtown San Jose and Santa Clara, and San Francisco office vacancy sits at 7%.
Properly utilized the CRA is an effective tool for lenders to help address the housing affordability crisis, not only in booming metropolitan areas like Seattle, but also in areas of the country that desperately need institutional investments to re-vitalize their communities.
While serviced offices have been around for decades, the term coworking has become a buzzword during the last 10 years with very little metro level data available yet to track historically, says NAI Partners.
In 2017, CBRE and Peloton's San Antonio combined operations involved $681 million of sales and leasing transactions and it currently manages and/or leases more than 20 million square feet.
Kennedy Wilson reports that in conjunction with Ricks' appointment, Peter Collins has assumed the role of president of Kennedy Wilson Europe, which is headquartered in London, and will report to Ricks.