Over 800 people attended DTZ’s 2015 ‘State of Real Estate’ forecast presentation and brand launch party on February 4th at the Yerba Buena Center of the Arts. The presentation examined the current macro and micro economy, its impact on Bay Area real estate markets, and a forecast of things to come. The event also celebrated the news that DTZ was last week ranked No.1 Commercial Real Estate firm in the Bay Area by the San Francisco Business Journal in the journal’s latest round of listings.

Click here to download the presentation. Key Takeaway Points are:

• Expansion will continue across the Bay Area
• Bay Area is on the bleeding edge of technology
• Tech expansion went into overdrive – a strong tech sector will continue to drive robust expansion, expect greater spillover growth in Oakland & Sacramento metro’s
• Office rents are still normalizing from dotcom boom with no evidence yet of overheating
• Supply is ramping up, but office sector is still underbuilding – expect rent growth of double-digits again in SF and measured gains elsewhere
• Housing affordability is the biggest concern – need to build more!
• No immediate signs of overbuilding in any product type

For further information about the Bay Area real estate market and how DTZ can support your firms’ real estate needs, please contact Hamish Morrison, Associate Vice President of Corporate Services & Transaction Advisory at DTZ – +1 510 502 3621 | Hamishx.Morrison@dtz.com.