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Commercial Real Estate Market: Observations and Opportunities – JD Supra

The commercial real estate market is in a fragile state. The remote working trend is not reversing anytime soon, if ever. Some analysts believed that once the pandemic ended, people would naturally revert to the “old way” of working – going to the office either full time or most of the time. For many organizations, this is not the case. In fact, in Randstad’s 2023 Workmonitor survey, 82.9% cited flexible working hours as being important and 71% wanted flexibility in their work location. Additionally, 61% said they would decline a…

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San Ramon

Spring Business Expo Set For Thursday In San Ramon – San Ramon, CA Patch

SAN RAMON, CA — Tri-Valley residents and business owners will be able to interact with up to 300 people at the San Ramon Chamber of Commerce’s Spring Business Expo and Mixer at the Bridges Golf Club, which is taking place Thursday from 5-7 p.m. Guests pay only $20 for the expo, which includes sample food from local restaurants, as well as wine and beer. Guests can also attend a Pre-Expo Workshop from 4:30 to 5:30 p.m., in which Transition and Communication Coach Jerald Marrs will speak about “Communicating for Success.”…

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California, United States Luxury Real Estate Home – California Listings

If you’re like us, keeping track of the mounting lawsuits centered on real estate commissions is a dizzying effort. And with brokerages and brands announcing settlements weekly, industry news is breaking at record speed. With expert resources from the Real Estate News, let us do the research for you! The California Listings Legal Ledger is here to help: A Note On Consolidation: The U.S. Judicial Panel on Multidistrict Litigation is taking up a motion about consolidating many of these copycat lawsuits into a single mega-case and assigning it to one…

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San Francisco

San Francisco mayor fails to block bill restricting housing in wildly expensive city – Fox News

San Francisco Mayor London Breed admitted temporary defeat Tuesday after she tried and failed to veto a city housing bill. The bill “will enact housing density controls for most developments in the Jackson Square Historic District, the Jackson Square Historic District Extension and the Northeast Waterfront Historic District,” according to The San Francisco Standard. However, the proposal notes, “Projects under the city’s office-to-residential conversion program are exempt from the new rule.” “The vote was 8-3, with Supervisors Myrna Melgar, Joel Engardio and Matt Dorsey siding with the mayor,” the outlet…

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Fire-torched downtown San Jose homes were hit by many code violations – The Mercury News

(Ethan Baron/ Bay Area News Group) Firefighters battle a blaze involving two Victorian homes in downtown San Jose. SAN JOSE — The owner of two downtown San Jose Victorian homes that caught fire and collapsed in flames Tuesday was hit with numerous city complaints for code violations at the old residences, court papers show. San Jose firefighters were called to the scene of a blaze that had engulfed two Victorian homes, one at 146 North Fourth Street and the other at 152 North Fourth Street. The flames eventually caused the…

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Which Cities Are Driving Commercial Real Estate Demand? – Commercial Property Executive

Driven by nearly $49 billion in funding for new technologies like generative AI over the past three years, the San Francisco Bay Area maintains its rank as the top city across the globe for both innovation and talent, according to JLL’s latest Innovative Geographies report. The research study states those investments were more than New York and Beijing combined during the same period. The San Francisco Bay Area outperformed most other markets on venture capital, research and development investment, productivity and talent breadth. As was the case in previous years,…

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