Success Stories

Activision | Blizzard

Carlsbad, CA
18,514 SF
Cresa San Diego
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Client Objectives

Activision engaged Cresa to evaluate the Carlsbad submarket in order to locate and negotiate a lease for approximately 20,000 square feet of office space. Activision wanted a short-term lease so avoiding capital costs was a priority.  After thoroughly researching the area, Cresa uncovered 17 office opportunities within the target geography.  Since several options immediately rose to the level of serious consideration, each for different reasons, Cresa proceeded to negotiate with each building in a competitive format.  After several rounds, it became clear that the most efficient and economically advantageous space was one with ample workstations in place and sophisticated production rooms built out.

Cresa Team Members

Results

Only minor tenant improvements were necessary which ultimately allowed for a short term lease commitment and no capital expenditure on the part of Activision.  Cresa’s knowledge of the area and negotiating skill helped Activision capture a space that had been used previously by gaming company.  Cresa positioned Activision to benefit from extensive FF&E and specialized production rooms, ultimately saving Activision money and maintaining flexibility.

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