CBRE: Caltrain Premium Grows as Developers Take Notice

Transit-oriented office buildings, those within a half-mile walking distance of Caltrain stations, have seen lease rate premiums grow from 26% in 2008 to 54% in 2016. Their rise in popularity and value channelled development along the Caltrain corridor where a 28% growth in new transit-oriented office space has occurred since 2008. In contrast, non-walkable office […]