Cresa San Jose
550 S. Winchester Boulevard
Suite 600
San Jose, CA 95128
408.554.8855 tel
408.554.0704 fax
Map/Directions

Contacts

Mike Michaels
Managing Principal
Email
408.551.5312 tel
John Brady
Managing Principal
Email
408.554.8855 tel
Robin Weckesser
Managing Principal, Project Management
Email
408.521.5926 tel

San Jose

  • Silicon Valley

    Office

    Supply
    107,233,907 SF
    Vacancy
    10%
    Absorption
    1,321,200 SF
    Avg. Lease Rate
    $28.71
  • Silicon Valley

    Flex

    Supply
    112,522,329 SF
    Vacancy
    12%
    Absorption
    -226,040 SF
    Avg. Lease Rate
    $16.01
  • Silicon Valley

    Industrial

    Supply
    103,777,140 SF
    Vacancy
    5%
    Absorption
    -178,350 SF
    Avg. Lease Rate
    $7.77

Welcome!

Thank you for visiting the Silicon Valley web pages of Cresa.  With offices in San Jose and Palo Alto as well as additional regional offices in San Francisco and Emeryville, we are the Bay Area’s largest corporate real estate advisory firm specializing in tenant representation. 

Despite these times of continued economic uncertainty, our local offices continue to flourish.  As a real estate services partnership, we offer tenants a stable, dedicated advocate that has no debt, increasing revenues, and a growing talent pool.

Our Advantage

Our team provides strategic and customized real estate solutions for tenants, implemented through our global platform.  Since we exclusively represent tenants, not landlords, we avoid potential conflicts of interest.  Also distinguishing our firm is our commitment to corporate real estate services such as strategic planning and project management, which we integrate with transaction management.  Compared to most commercial real estate firms in the area, we have an unusually high ratio of project managers to brokers.

We value our clients equally and have the flexibility to scale our services to meet their needs.  Through our customized approach and comprehensive suite of corporate services, we provide the resources necessary to implement solutions, ranging from one-time local real estate transactions to management of entire global real estate portfolios.

Our clients, with portfolios ranging from 1,200 square feet locally to 12 million square feet globally, typically view our advisors as an extension of their internal resources. 

 

Our Experience

Our team averages in excess of 15 years' experience within the real estate industry.  We have expertise in numerous industries with the following areas of specialization:

  • Technology
  • Internet
  • Life Science/Biopharmaceutical/Drug Discovery
  • Insurance
  • Healthcare
  • Law and Professional Services
  • Consumer Products
  • M&A/Restructuring
  • Nonprofits

Our Market

The epicenter of the seventh largest economy in the world, the Bay Area/Silicon Valley is home to some of the region’s most innovative and transformational companies, such as HP, Apple, Google, Intel, IBM, Facebook, Genentech, Oracle, Symantec, Adobe, Juniper Networks, Network Appliance, and Yahoo! 

Our office market, consisting of over 200 million square feet, has generally rebounded since the recession.  As space tightens in submarkets such as Mountain View, Cupertino, Palo Alto, and South of Market in San Francisco, rents in these areas are increasing, and Internet and social networking companies are expanding their workforce.  At the same time, inventory is still high in San Jose’s CBD, suggesting that this may be a good time to invest in space downtown.  Overall, leasing activity has increased as tenants that have put off necessary business decisions are now more focused on leveraging market conditions, exploring options for upgrades, and locking in at still-favorable rents.  For more details regarding our local market, please the San Jose Tenant’s Guide.

Our Company

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 almost 60 offices, Cresa is the largest tenant representation firm in North America.

People

Fletcher Baker Principal 408.551.5318
Joe Brady Senior Vice President 408.551.5317
John Brady Managing Principal 408.554.8855
Ryan Brandenburg Advisor 408.521.5930
Chris Brown Senior Vice President 408.551.5304
Justin Chan Vice President, Project Management
Michael L. Charney Senior Vice President, Project Management
Jeff Chestnut Finance Associate 408.551.5308
Jon Condrey Senior Vice President 408.551.5311
Nate Currie Senior Vice President 408.521.5922
Michael Drew Advisor 408.551.5315
Christopher Errecart Advisor 408.551.5305
Aaron Gallardo Senior Vice President 408.551.5306
Gregg Hall Senior Vice President 408.551.5313
Peter Hamann Senior Vice President 408.551.5307
Debbie Kibort Marketing Director 408.551.5301
Scott Kinder Principal 408.551.5314
Terry McIntyre Accounting Director 408.551.5302
Mike Michaels Managing Principal 408.551.5312
Mike Mordaunt Senior Vice President 408.551.5310
Tait C Reimers Advisor 408.551.5319
Sandy Reposar Senior Advisor, Project Management 408.521.5921
Steve Thomas Senior Vice President, Project Management 408.521.5927
Kit Tuveson Senior Vice President, Project Management 916.849.4675
Robin Weckesser Managing Principal, Project Management 408.521.5926

News

Success Stories

Client Location Sq. Footage
Epicor Dublin, California  70,000 SF 
Gree San Francisco  83,000 SF 
Intermedia.net Mountain View, CA  26,000 SF 
Palo Alto Networks Santa Clara, California  301,000  
Savvis, Inc. Weehawken, NJ  208,000 SF 

Subleases

Property Available Space Rental Rate
Towers at Great America
4555 Great America Parkway
Santa Clara, CA
91,874 Divisible to 16,468 $1.85
3300 Olcott St, Santa Clara
3300 Olcott St
Santa Clara, CA
105,664 RSF $2.50 NNN
BRISBANE SUBLEASE
3260 Bayshore Blvd
Brisbane, CA
30,722 SF (Entire Second Floor) Negotiable
915 Walsh Avenue
915 Walsh Avenue
Santa Clara, CA
2,435 SF $1.60 Full Service
3945 Freedom Circle
3945 Freedom Circle
Suite 630
Santa Clara, CA
3,694 SF $2.85 FS
333 West El Camino Real
333 West El Camino Real
Suite 30
Sunnyvale, CA
3,098 SF $3.00 Full Service
1504 McCarthy Boulevard
1504 McCarthy Boulevard
Milpitas, CA
34,481 SF Divisible $1.25 NNN
219 Moffett Park Drive
219 Moffett Park Drive
Sunnyvale, CA
9,903 SF $1.25 Full Service

Cresa San Jose Blog

  • 4/26/2013In Search of “Cool, Creative Space”: How Does Your Workplace Shape Up?
    A hot news item continues to be “the workplace of the future”…and how well it’s working in corporate America today. There are many aspects to this story:  the extent of the mobile workforce, workplace optimization strategies, the changing role of the cubicle, amenities, etc.  Perhaps the most compelling part about this trend is the need for [...] Read More
  • 3/26/2013Does Working at Home Work for You? Well, that Depends…
    In recent email bulletins, we have focused on the present-day reality of the “office of the future.”  Part of this ongoing discussion involves mobility trends and the inevitable role of the virtual office.  Globally, a new generation of workers, enabled by technology tools, is transforming the workplace: More employees are setting up shop at home [...] Read More
  • 3/26/2013The Virtual Workplace: How to Overcome Challenges
      More and more companies are seeking workplace optimization solutions, how to roll out creative workplace programs, and what research tells us about employees’ views related to mobility trends and the workplace.  We know that the mobile workplace is here to stay, but we also recognize that change must be managed wisely.  In this edition, we address [...] Read More
  • 12/4/2012Integrating Services to Improve Efficiencies: Transaction Management & Project Management
    To meet their commercial real estate needs, companies typically look for a brokerage firm that has strong Transaction Management (TM) services (including site selection and lease negotiation).  They also often seek Project Management (PM) services (including space assessments; test fits; oversight of architects, engineers, general contractors, and other vendors; move-in coordination; and negotiation of the [...] Read More
  • 10/30/2012With Office Vacancy Less than 3% in Select Submarkets, It May Be Good Time for Companies to Consider CBD
    As we enter the fourth quarter, Class A office vacancy has dropped to 3% or less in select submarkets in Silicon Valley, and corresponding rental rates continue to rise. Accordingly, now may be a good time for tenants to consider available alternatives in San Jose’s Central Business District. Class A office vacancy in downtown San [...] Read More
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