Thank you for visiting the San Francisco web page of Cresa. During these uncertain times, our firm offers our clients a stable partner with no debt, increasing revenues and a growing talent pool. We focus on making your real estate help you attract top talent, reinforce your brand, and be more profitable.
As a real estate services partnership, our team provides strategic and customized real estate solutions for occupants, implemented through our global platform, without conflicts. With regional offices in the East Bay, San Jose and Palo Alto, we are the largest tenant representation firm in the Bay Area.
We value our clients equally and have the flexibility to scale our services to provide the resources necessary to implement solutions, ranging from a one-time local real estate transaction to managing all aspects of a global real estate portfolio through our comprehensive services platform. Services include Transaction Management (acquisitions and dispositions), Project Management, Strategic Planning, Capital Markets and Lease Administration. Our clients have portfolios ranging in size from 1,200 square feet locally to 12 million square feet globally.
Our clients typically view our advisors as an extension of their internal resources, often integrating our team to the point that our company brand becomes invisible to their internal customers.
Our team averages 15 years' experience within the real estate industry. We have expertise in many industries and have developed the following areas of specialization:
The cultural epicenter of the 7th largest economy in the world, San Francisco is home to some of the most innovative and transformational companies in the region such as Letterman Digital Arts, Wells Fargo, Seagate Technologies, Zynga, PG&E, Gap, Inc, Charles Schwab & Co., Levi Strauss, Blue Shield of CA, Dolby Laboratories, Williams Sonoma, Visa, Salesforce.com, and Twitter. Our vibrant office market consists of over 100 million square feet of space.
The San Francisco office market has seen the worst of the recession, and the downward rent spiral of 2009 - 2010 appears to have been replaced by rising rents within both Class A and B assets. Comparing January to December 2011, asking rates rose in excess of 20%. That said, many landlords are still willing to offer aggressive concession packages for the well positioned negotiator, focusing more on future value through high coupon rates. For national tenants, this is a surprising trend as compared to more vulnerable markets across the country.
Despite a lack of job creation nationally, the local market continues to be very active and will continue to pose challenges for companies that do not plan ahead. Well capitalized investors continue to see San Francisco as a healthy long-term player. For more detail regarding our local market, please see the San Francisco Tenant’s Guide.
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, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Portfolio / Lease Administration, Capital Markets, Sustainability, Industrial / Supply Chain and Facilities Management. With more than 55 offices, Cresa is the largest tenant representation firm in North America. Through its alliance with Savills, one of the world's largest commercial real estate services firms, Cresa covers more than 255 locations in 40 countries.