PBwiki is currently paying ~$1.65/sf for a one year lease on a full-service (all expenses included) corner office in a complex by the Tanforan Mall (@ 380 & El Camino in San Bruno). There is an onsite property manager and the facility is a Class C, but the parking is near-infinite and there are plenty of good places to eat nearby. :)
When considering a new place to rent out, I'd strongly advise checking out places similar to San Bruno - ones that are easy to get to and well-situated but that are not "trendy" like downtown Palo Alto, Castro St in Mountain View, or South Park in SF. We've been quite happy here. Generally speaking, for a one-year lease, anything non-ghetto under $1.50/sf is an incredible deal. Anything over $2.50/sf and you're probably a little too glitzy. One place we looked offered us the *mailroom* (no windows!) for $7/sf. We high-tailed it out of there in a hurry. Beware "startup parks" and the like - they offer very little value-add for a wildly huge markup. -D On 3/4/07, Tara Hunt <[EMAIL PROTECTED]> wrote: > Yeah...that's an awesome description. I suppose I've always liked slumming > it a bit, because I tend towards artsy fix-me-uppers. :) > > On 3/4/07, David Doolin <[EMAIL PROTECTED]> wrote: > > > > Erica, thanks so much for taking your time to write > > all this up. I am still in my first year of going it > > completely on my own, so your information is > > timely and relevant at least to me. > > > > > > > > On 3/4/07, Erica Douglass < [EMAIL PROTECTED]> wrote: > > > > > > On 3/2/07, Tara Hunt <[EMAIL PROTECTED]> wrote: > > > > > > > We got our space for 1.10psf, but most places in SF are going for > 2-3.00psf. > > > > I think ours is pretty class a. ;) > > > > > > Actually, Class A and Class B have definitions: > > > > > > http://en.wikipedia.org/wiki/Class_A_office_space > > > > > > This isn't meant to be a judgment call about how nice your space is > > > (you guys have fixed up that space a lot, and it looks good); it's a > > > designation mainly used to figure out rent prices. Class C is what you > > > are in and what Simpli was in previously. You're paying $1.10 triple > > > net, right? Class C is almost always rented out triple net. The space > > > Simpli was in until last week was very similar to Citizen Space -- one > > > big long room with a wooden walled-off office at the end. We rented > > > for $1.26 NNN and I know the landlord was considering renting it out > > > for as low as $1 NNN after we left. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Coworking" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/coworking?hl=en -~----------~----~----~----~------~----~------~--~---
