Richmond Commercial Real Estate 3rd Quarter Report

Click here for the 2015 3rd Quarter Richmond Report. The market for Richmond manufacturing space hit an all-time low vacancy rate of 4.1%, down from 8.4% just a year ago. Office and Office/flex is showing both continued absorption and higher rents as Berkeley,...

Richmond Residential Rental Market Up Moderately

Despite warnings that the suspension of the Rent Control Ordinance would motivate landlord’s to take advantage and spike rents, that has not occurred. Richmond rentals remain the best bargain in the inner Bay Area. They are significantly below Richmond’s nearest...

Countdown to Paris

In a little over three weeks, we will be leaving for Paris and the United Nations Conference on Climate Change in Paris, also known as COP21. I am part of a delegation led by the Sequoia Foundation that includes Marin Clean Energy (MCE), KyotoUSA and LEAN Energy US...

Richmond Hits 15-Year Low Unemployment Rate

For decades, Richmond’s unemployment rate has hovered several percentage points above national, state and county average (See http://www.homefacts.com/unemployment/California/Contra-Costa-County/Richmond.html). For the first time ever, Richmond has beat that trend....