February 23, 2009 |
Professional matchmaker Julie Ferman, chief executive of Cupid's Coach, used to meet with clients in a hotel lobby or one of a dozen restaurants around town to save them the drive to her home-based office in Westlake Village. It wasn't always the best choice for clients expected to share personal information for their dating profiles, but like many start-up founders she was pinching pennies and testing her concept. Ferman spent the time between appointments trying to work in her parked car.
October 2, 2013 |
SAN FRANCISCO -- Ahead of its hotly anticipated initial public offering, Twitter is looking to expand its perch in San Francisco. The company is negotiating to lease a 320,000-square-foot office next to its headquarters, unnamed sources told Bloomberg News. The move would more than double Twitter's footprint in San Francisco. A Twitter spokesman declined to comment. With its rooftop garden, gourmet café and airy art deco offices, Twitter has made its mark in the blighted Central Market neighborhood of San Francisco since moving there in June 2012.
February 4, 2012 |
In a move to shed nonessential assets, Bank of America will sell and lease back some of its administrative office space. Only three office buildings — two in North Carolina and one in New York — have been identified for sale so far, but others are expected to follow. "Real estate ownership is not a core business for Bank of America," spokeswoman Kelli Raulerson said. "Therefore we are currently reviewing our administrative portfolio and may make the decision to sell our ownership interest in certain properties.
August 10, 2000
Tokyo remains the most expensive office market in the world, though growth in demand from computer and Internet-related companies has U.S. cities quickly closing the gap, according to a study by CB Richard Ellis Services Inc., the world's largest property brokerage firm. At No. 9, San Francisco is the highest- priced U.S. city and the first U.S. city to crack the top 10. The top 10 cities with the most expensive office space: *--* Leasing cost City (area) per square foot/year 1.
December 23, 1999 |
New jobs are being created so rapidly in Orange County that developers would have to build the equivalent of Newport Center annually for the next decade in order to keep pace with demand for office space, according to a new survey by The Seeley Co. The study, part of a broader report on the Southland's office needs, showed that Orange County's construction of commercial buildings over the next decade will increase by a third. Using conservative job growth estimates, the report found that 3.
November 10, 1985 |
Downtown Los Angeles, during the third quarter, experienced its largest growth ever of commercial space. A record 2.8 million square feet of new office space was added to the inventory, making 23 million square feet of such space available, along with a vacancy factor of about 18%. While the developers of that ample supply may be uneasy, potential tenants should continue to enjoy a competitive leasing market as broker activity intensifies.