Bay Area office sublease space soars, firms retrench

SAN JOSE — The amount of office space available for sublease space has risen in the Bay Area — and has more than tripled in San -Francisco — an indication that work-from-home protocols amid the coronavirus may have prodded companies to rethink space needs.

Santa Clara County, the East Bay, and San Mateo County have all shown significant increases in sublease space, but San Francisco has earned the dubious distinction of suffering the largest increase by far in the Bay Area for the amount of space available for sublease, according to a new report from Cushman & Wakefield, a commercial real estate firm.

Significant increases in available sublease office space are a nationwide phenomenon but the difficulties are especially acute in the Bay Area, the Cushman & Wakefield report shows.

“The increase in sublease vacancy has been widespread, though one region has been hit the hardest: the San Francisco Bay

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These are challenging times for the commercial real estate business in Bradenton-Sarasota area

Stan Rutstein’s “Let’s Talk” signs on prime real estate seem to be everywhere in the Bradenton-Sarasota area, inviting potential commercial real estate developers to take a look and run the numbers.

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Seven months into the COVID-19 pandemic, Rutstein is still ready to talk. But the pandemic has had a dampening affect on commercial real estate, much as it did initially on single-family home sales. The difference is that residential sales bounced back quickly, super-heating the market, and bringing multiple offers and record prices to sellers.

That’s not been the case in the commercial market, the segment that focuses on office, industrial, retail and rental apartment space.

“It is best to look at it by category. Retail at the moment is at a hiatus. There is a severe credit issue. Cash flow has been little or none,” said Rutstein, agent/broker at Re/Max Alliance Group in Bradenton.

The retail market

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Relaxed regulations have calming effect on Cy-Fair area nursing homes

After a heart-breaking five months of isolation, seniors in area nursing homes and assisted living centers have some new options for seeing their loved ones.

At a press conference on Sept. 17, Gov. Greg Abbott announced a new visitation guidance for eligible nursing homes, assisted living facilities, intermediate care facilities, home and community-based service providers, and inpatient hospice effective Thursday, Sept. 24.

“I certainly applaud Gov. Abbott and the HHSC (Health and Human Services Commission) on working to reduce and relieve some of the restrictions with visitation,” said Derek Prince, CEO HMG Healthcare who manages Park Manor of CyFair.


“We value the psycho and social well-being and family relationships,” he said. “It’s been extremely trying for our patient population and our families. We’re excited to be able to put this stuff together,” he said.

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What $410,000 can buy in the Nashville area

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a large lawn in front of a house: 2708 Overhill Circle, Nashville 37214


© Homes.com
2708 Overhill Circle, Nashville 37214

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2708 Overhill Circle, Nashville 37214

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Year built: 1938

Square feet: 2,081

Price: $410,000

Description: Three-bedroom, two-bathroom home with storage space, sitting/office nooks, sunroom, hardwoods,

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Demand for homes in Nashville area has Realtors knocking on doors

Strangers are knocking on doors and calling phones across the Nashville region, but they aren’t selling anything. They want to buy something — your house.

Architect Darrell L. Hayes is building Habitat for Humanity’s first townhouse complex

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Realtors under pressure to find homes for clients who are ready to buy are looking for homeowners who are ready to sell. The problem is, there simply aren’t enough homes for sale to meet demand.

“The market continues to get tighter and tighter and tighter,” said Keller Williams Realtor Roger Poulin, who recently spent an afternoon knocking on doors in East Nashville’s Lockeland Springs neighborhood.

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“Half the people I talked with told me, ‘You’re about the 50th person who’s knocked on my door,’” he said. “It’s a trend.”

The problem is simple arithmetic.

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History for sale: ‘Farm Sanctuary,’ built in the 1930s, is a paradise for entertaining guests | Myrtle Beach Area News

Editor’s note: Periodically, we will feature unique properties for sale in Horry and Georgetown counties — answering all of our curiosities in the process.

The owner of this beautiful bungalow refurbished the exterior of this four-bedroom house in Loris to “maintain the character and charm of 1939,” which was the year it was built.

It was renovated and expanded in 2019, and sits on three parcels totaling 4.34 acres of prime farm land that is completely fenced with four-rail wood and cross-fencing to close off areas as needed, according to the listing provided by Redfin partner agent Natalie Rakoci.

Its modernized interior provides all of today’s convenience and luxury.



Loris property for sale, 2323 Main Street

Loris property for sale, 2323 Main Street


So I have to admit, what made me fall hard for this $399,900 property at 2323 Main St. in Loris is the new European style outdoor pavilion featuring a grill, sink, refrigerator and plenty

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History for Sale: Gorgeous half-mansion in Myrtle Beach dates back to 1940 | Myrtle Beach Area News

You’ll need to know which oak trees to peek through to discover this absolutely gorgeous 4,417-square-foot home built in 1940.

It doesn’t flaunt its gorgeous red front-door entrance to the mighty Atlantic Ocean. Just a short jog down 37th Avenue North at 411 sits a prestigious, historic home on a double lot. 



Myrtle Beach Dream Home

Interior of the home at 411 37th Avenue North, Myrtle Beach


Inside, you’ll find beautiful ceiling crown molding through many of the rooms and the intricate details shaped into the winding staircase give this large home its southern charm.

The hand-painted, 10-foot ceilings and real hardwood floors are complimented by transom windows. The modern amenities of this home includes a gourmet kitchen, complete with range, double ovens, large island, breakfast bar, custom wood cabinetry and stainless steel appliances.



History for sale: Vandross Plantation offers 80-acre pond, 1K+ acres on Nature Conservancy

The Carolina room features the original bead-board, tongue and groove ceiling, antique bricked walls and floors, and double

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Top 5 most expensive homes for sale in Edmonton and area



a small house in a green field: This Parkland County mansion is listed for $8.75 million.


© Provided by Edmonton Journal
This Parkland County mansion is listed for $8.75 million.

Question: has everyone become independently wealthy by not buying avocado toast and Starbucks lattes during the pandemic?

Well, here’s some good news for those of you who have. The Edmonton area housing market is flush with palatial residences for the well-heeled, massive homes in which you not only can hide from COVID-19, but also every member of your immediate family, probably for weeks. We’ve slimmed down the possibilities to a Top 5, but if you’re flush with the big bucks, you can be sure that any of the many aristocratic abodes you decide to barricade yourself against the remainder of 2020 will be stylish and wonderful indeed.

Mystery mansion, $8.75 million

We all love a mysterious manor, right? Well, the stately $8.75-million mansion in rural Parkland County that has no address certainly qualifies as such. Tailor-made

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What $795,000 can buy in the Nashville area

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a large brick building with grass in front of a house: 1709 Eastland Ave., Nashville 37206


© Homes.com
1709 Eastland Ave., Nashville 37206

DAVIDSON

1709 Eastland Ave, Nashville 37206

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Year built: 2004

Square feet: 2,836

Price: $795,000

Description: Victorian-style home in East Nashville is two-blocks from dining and shopping. Home has four bedrooms, 2.5 bathrooms, newer

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New residential development to add more than 1,500 new homes to Conroe area

Residential development is continuing west of Conroe with the development of 393 acres near Old Highway 105 and FM 2854.

The Conroe City Council approved the creation of Municipal Utility District No. 183 during its regular meeting Thursday.

While the development does not have a name, it is being developed by McComb Realty, Ltd and will include 1,580 single family lots. According to Director of Community Development Nancy Mikeska the project will include 5.2 acres for commercial development but no multifamily.

The average price of homes will be $220,000 to $260,000, Mikeska said, with an anticipated start date of late 2021.

In separate action, the council approved the voluntary annexation of MUD 183 along with the voluntary annexation of Forest Creek off FM 830 and Mackenzie Creek Section 3 off Loop 336.

Forest Creek spans about 60 acres and currently includes about 87 homes. Developer Steamboat Development Company is planning

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