|
Contact Us
|
12230 El Camino Real
Suite 110
San Diego, California
92130
tel 858.794.5500
fax 858.794.5512
DRE# 01163646
dd 858.369.5417
dd 858.794.5510
dd 858.794.5512
dd 858.794.5504
|
|
Every day, we see firsthand the struggles California companies go through trying to navigate the inadequacies of doing business in our state. The sad reality is that our government seems blind to it. Kish Rajan, director of the California Governor's Office of Business and Economic Development, sloughs off any notion that California needs to consider being more "business friendly". Sandy Sigal, chairman and CEO of NewMark Merrill Companies, makes valid points contesting this notion. The fact is, California has the highest sales and income taxes coupled with serious employee commute issues. There are laborious, lengthy approval processes to open new businesses and we have already seen the elimination of redevelopment agencies. To avoid crippling our younger talent pool, California needs incentive programs and a focus on affordable housing/transportation costs.
Our second piece is written by Justin Walseth here at Cresa San Diego. He stresses the necessity of having a broker represent your best interests in a lease negotiation and explains why. Whether or not you have a positive relationship with your current landlord, you still need the expertise of a tenant-focused real estate professional to ensure that your occupancy costs are fair and reasonable, and give you the best opportunity to succeed as a company. Justin goes in-depth on this issue.
Finally, we at Cresa San Diego are pleased to report that, for the fourth consecutive year, we have received the award as the "best of the best" in commercial real estate as a 2012 Top Brokerage Firm. We established our office locally in 2008 and have received the award since 2009.
We believe our success is the result of intently listening to and understanding our clients' needs and concerns, while implementing a plan based on our unsurpassed knowledge and experience in the business. We provide our clients the most efficient, cost-effective, and employee friendly work place. With this, our client's success is imminent.
All the best,
Don Mitchell
Managing Principal
|
|
 State Wars: CA vs. TX Battle Gets Hot
GlobeSt.com
SACRAMENTO - Texas Gov. Rick Perry
 recently released a radio ad in California criticizing the Golden State's business climate and encouraging businesses to relocate to Texas. It seems that other states are following Gov. Perry's lead as unidentified industry sources tell GlobeSt.com that the Governor of Oklahoma is reportedly working on scheduling an L.A. event to try to lure businesses to his state as well. But Kish Rajan, director of the CA Governor's Office of Business and Economic Development, says not to worry. "I understand why Perry is interested in California," he says. "We were the national jobs leader for most of the last year with 257,000 new private sector jobs."
|
Renewing Your Commercial Lease? Don't Talk to Your Landlord
Justin Walseth, Cresa San Diego
We hear it all the time from prospective office and industrial clients, clients that don't hire us, or even close friends; "It's fine, we worked out a deal with our landlord and they cut our rent, thanks." One of the myths of working a deal directly with your landlord is the perception that you will save money. Here are five points to consider and steps to take before you decide to rush to the negotiating table.
1. You can't control the commercial leasing market, but neither can your landlord.
From private commercial real estate owners to institutional owners with bags of money, the profile of a typical landlord can vary widely.
|
Cresa Selected
The Daily Transcript
SAN DIEGO - Cresa San Diego has been selected by CoStar Group (Nasdaq: CSGP) as a 2012 Top Brokerage Firm.
The annual award recognizes the "best of the best" in commercial real estate brokerage by highlighting the U.S. firms which closed the highest transaction volumes in commercial property leases or sales for the entire year of 2012, in their markets.
This is the fourth consectuve year that Cresa has been awarded after being evaluated against other San Diego commercial real estate brokerages.
|
Current Market Statistics
Carlsbad
Last month we provided stats for Del Mar Heights class "A" office properties. This month we focus on industrial & flex properties in the Carlsbad submarket. Enjoy.
|
About Cresa
Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Corporate Solutions, Portfolio Strategies, Location Planning, Lease Administration, Capital Markets, Mission Critical Solutions, and Facilities Services. With more than 58 offices, Cresa is the largest tenant representation firm in North America. Through its partnership with Savills, one of the world's largest commercial real estate services firms; Cresa covers more than 173 locations in 40 countries. For more information, visit www.cresa.com. |
|
|
|
|
|
|
