A proposed ballot measure known as the “South San Francisco Early Care for All Parcel Tax” is circulating and would call for an annual parcel tax on commercial office space at the rate of $2.50 per square foot beginning on July 1, 2023. “Commercial Office Parcel” is defined as any parcel that is developed and used by a business entity primarily for operations or services that are professional, scientific, or technical in nature.
Take a look at how Commercial Real Estate has had positive effects on the US economy.
Jonathan Colton is a commercial real estate finance professional who is passionate about executing for his clients. As Executive Director and Product Specialist at JP Morgan he does loan origination and structuring and covers investors and developers headquartered in San Francisco, Seattle, and Portland. He finances deals anywhere his clients are active domestically which means that Colton executes in a myriad of markets across the country.