Follow Cresa Orlando

Cresa Orlando
221 NE Ivanhoe Boulevard
Suite 330
Orlando, FL 32804
407.648.0330 tel
407.422.1273 fax
Email
Map/Directions

Contacts

Sarah Castor
Managing Principal
Email
407.409.8689 tel
John Gay
Managing Principal
Email
407.409.8695 tel
Craig Castor
Principal
Email
407.409.8690 tel

Orlando

 

Welcome to Cresa Orlando where we are part of the nation's largest commercial real estate firm exclusively representing tenants. By not representing landlord interests, we bring our clients a conflict-free philosophy that assures their interests come first. Our entrepreneurial spirit and collaborative environment bring a fresh approach to office and industrial users of space.

We are able to integrate a full complement of services to include Capital Markets, Corporate SolutionsFacilities Services, Industrial Services, Lease Administration, Site Selection, Data Center Solutions, Strategic PlanningProject Management and Transaction Management, depending on the client's need for each project. Cresa’s global platform allows us to serve our clients not just locally, but nationally and internationally. 

MISSION

Our mission is to provide customized solutions exclusively for corporate space users by offering fully integrated services that align their real estate needs with their business plans, delivering maximum cost savings and exceeding expectations.

VISION

Our vision is to be the exception in the commercial real estate industry: A company that is service-oriented rather than transaction-oriented, with advisors who are client focused not deal focused.

VALUES

We are guided by the concept "Do the Right Thing" both internally and externally. We will always do what is right for the client’s best interest and put that interest before our own. We treat our clients and employees with respect, dignity and fairness in all matters.


Market Insights

We are clearly in a landlord market as vacancy levels just breached 9%. There is continued positive demand for space and very little planned new construction. Rental rates continue to climb and concessions diminish. Dispite this, absorption is slowing down, perhaps because of the lack of decent choices in the market. Like a 0% unemployment rate, it's unrealistic to think our market can get that low. At some point we will find ourselves at a "functional" 0% vacancy. At 9% vacancy, we are approaching this bottom where, without new construction, our local market will not be able to meet additional demand for office space. Fortunately on the industrial side, we are seeing several speculative projects under construction.

Download

People

Craig Castor Principal 407.409.8690
Sarah Castor Managing Principal 407.409.8689
Michael Danforth Advisor 407.409.8697
John Gay Managing Principal 407.409.8695
Gary Klein Senior Vice President, Project Management 407.409.8712
Susan Ruby, SIOR Senior Vice President 407.409.8699
Michael Seaman Senior Vice President 407.409.8694
Katie Seeley Operations Manager 407-648-0330
Alicya Simmons Senior Vice President 407.409.8716

News

Success Stories

Client Location Sq. Footage
Charles Schwab Orlando, FL  129,000 
CIBER Orlando, FL  9,000 
Fidelity National Title Group Maitland, FL  35,822 
Florida's Blood Centers / OneBlood Orlando, FL  Multiple Locations 
Independent Banker's Bank Lake Mary, FL  19,000 
Orange County Convention & Visitors Bureau dba Visit Orlando Orlando, Florida  45,000 
PowerGrid Engineering (PGE) Lake Mary, FL  20,992 
STAR Systems Maitland, FL  120,000 

Subleases & Sales

Property Available Space Rental Rate
Sale: 190 Comfort Road, Palatka
FOR SALE
190 Comfort Road
Putnam County
Palatka, FL 32177
42,000 +/- SF Price Reduced: $750,000
Sublease: 2452-2460 Sand Lake Road, Orlando
2452-2460 Sand Lake Road
Orlando, FL 32809
9,819 SF $6.75/SF NNN
Sublease: 3191 Maguire Boulevard, Orlando
3191 Maguire Boulevard
Suite 160
Orlando, FL 32803
2,126 RSF $19.00/SF FSG
Sublease: 1025 Greenwood Boulevard, Lake Mary
Northpoint Center I
1025 Greenwood Blvd
Portion of Suite 285
Lake Mary, FL 32746
1,383 SF $17.50/SF FSG
Sale: 4106 W Lake Mary Boulevard, Lake Mary
4106 W Lake Mary Blvd
Suite 215
Lake Mary, FL 32746
4,638 For Sale: $927,600
Sublease: 1925 Mizell Avenue, Winter Park
1925 Mizell Avenue
Suite 301
Winter Park, FL 32792
1,075 SF $24.00/SF FSG
Sublease: 11317 Lake Underhill Road, Orlando
11317 Lake Underhill Road
Orlando, FL 32825
2,500 SF $24.00/SF MG
Lease: 1430 King Street, Cocoa
1430 King Street
Cocoa, FL 32922
21,000 SF $6.50/SF NNN
Lease: 308 Palmetto Street, New Smyrna
308 Palmetto Street
New Smyrna , FL 32168
2,000 RSF $20.50 FSG
Sale: 801 Douglas Avenue, Altamonte Springs
801 Douglas Avenue
Altamonte Springs, FL 32714
15,022 For Sale: 1,750,000
Sublease: University Park Sublease
11301 Corporate Blvd.
Suite 315
Orlando, FL 32817
11,350 $20.50 FSG
Legislation Raises New Concerns about Conflicts of Interest in Commercial Real Estate
It’s an age-old maxim: Brokers who represent both tenants and landlords are not totally objective. Why? Because in dual-agency arrangements, common with today’s giant traditional full service real estate firms, the broker has an obligation to bring […] Read More
Why Hiring an Experienced Project Manager is Always a Good Investment
Your project must be done right, on time and on budget. That's why it's important to find an expert to coordinate every aspect of a construction build-out and/or company relocation. Read More
Broker Spotlight
This month we sit down with Managing Principal and Co-Founder of Cresa Orlando, John Gay, to learn about his favorite band, his dream vacation and his advice for prospective Cresa candidates. Read More
10 Reasons a Contractor Should Be One of Your First Hires
The conventional wisdom of some says that when you embark on a commercial real estate project, you should wait until the design process is further down the road before hiring your contractor. But especially on fast-track projects, consider selecting […] Read More
Office Build Out Basics: Tenant Improvement Allowance
Tenant Improvements (TIs) are those renovations done to the interior portion of a tenant’s space for their particular use. A Tenant Improvement Allowance (TIA) is the money a landlord will provide to customize the space rented by a particular […] Read More

Transactions







Partial Client List


























































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































President/CEO

Cresa Orlando is very responsive and a pleasure to work with. Their market knowledge is deep, broad and unbiased. All material met my expectations. Our representative was very realistic in his view and projections which helped us to understand what to expect. Prior to engaging Cresa Orlando for our Lake Mary office, I made many requests of them for materials pertaining to different locations for our firm and I was provided with exactly what I needed in a very timely fashion.

FCCI Insurance Group































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































Director of Campus Operations

We have partnered with Cresa Orlando over the past 20 years both at PRC and now TelAffects for our office space needs. They are a market expert, are well connected in all aspects relating to their business and are highly renowned professionals in Central Florida. Cresa Orlando is very versed at negotiating lease terms in the tenant's favor and pays prompt attention to our needs. You will find them to be highly engaged and proactive and always rising above expectations. Cresa Orlando has been an invaluable asset to our business.

TelAffects, Inc.































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































President/Principal

Cresa Orlando has been our broker since 2000, in our relocation, expansion and all other office needs. They have proven to be a knowledgeable expert in market and lease negotiations, always putting us first. We would not hesitate to recommend them to any tenant that needs unbiased, professional guidance on their office lease.

Ford & Harrison

I engaged Cresa Orlando to handle the renegotiation/lease extension for our Maitland, FL office lease and subsequently used them for a similar assignment for our Tampa office. They are well versed on the specifics of individual buildings within our submarkets, actually knowing factors that could affect our lease rates. I found Cresa Orlando's long history of working with building owners and their representatives to be a significant asset during negotiations. They were able to anticipate key issues which were critical in our negotiations.

Beazer Homes































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































Division President

Cresa Orlando provides a vast array of services for all of our locations. They are diligent in their work, have a broad market knowledge and are proficient protecting our interests throughout the process. Cresa Orlando identifies feasible alternatives for our space needs, streamlines our decision process and helps us minimize our real estate risk exposure. As a nonprofit, it's important that we achieve the best possible economic lease terms for our locations, while not sacrificing quality of location and they have been instrumental in achieving our goals.

Florida's Blood Centers, Inc./OneBlood































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































Facilities Manager

We hired Cresa Orlando as their firm works solely on behalf of tenants and we needed a focused, unbiased approach to a solution. We ultimately selected a property that allows us to consolidate our entire operation in to one building, reducing our economic exposure by 30% over what we are currently paying.

Rogers Lovelock & Fritz































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































President

Tenant Tools

     

Testimonials

"Cresa is thorough, prompt and experienced when it comes to handling any of our real estate issues."

"Sarah does a fantastic job finding the right space and negotiating the best terms."

"Definitely a good move for our company. Craig was incredibly responsive and helpful throughout this entire process. I really appreciated his attention to our needs and his candid feedback and guidance. It was a pleasure doing business with him."

 

"John helped us successfully lease a nice office in Lake Mary, FL and made our relocation process as pleasant as possible. He was patient, very flexible and super quick to respond to our questions. He is extremely knowledgeable about all aspects of the commercial real estate industry and is able to help his clients find the right space for their needs. He is highly professional and went beyond the call of duty to make it for us an easy process. He took care of every aspect of the deal and even assisted with commercial needs after we were in suite. I would highly recommend consulting John for all your commercial real estate needs and look forward to working with him again!"

"Cresa Orlando met with us immediately and began a tiring search for business office space we could rapidly occupy and gave the flexibility to easily expand. The search resulted in us securing a 10,000 square foot lease in Lake Mary. During the process of searching the market, Cresa Orlando provided unbiased expertise and guidance in helping us choose the right location and landlord.They assisted us in thoroughly reviewing the different offers. Even after lease execution, Cresa Orlando actively supported us directly during the facility build-out discussion and negotiations. Based on our experience, we highly recommend them to anyone or any company that is looking into finding the right commercial real estate solution in the Metro Orlando market."

The Vago Group

Project Management

Our project management team is your assurance that your planning, design and construction happen in a creative, timely, cost-effective way.

  • Workplace Strategy — develop the program, advise you on options, explore and plan workplace strategies, develop schemes that support your business objectives
  • Project Team Composition — manage the engagement of designers, contractors, voice/data suppliers, workstation, furniture and all other providers 
  • Budget — take charge of projecting/controlling spending for your project, proactively advising you on issues, creating savings that often exceed our fees
  • Schedule — oversee the entire project schedule, informing you of key dates, keeping design, construction and vendor processes running in a timely fashion 
  • Design/Construction – oversee the process to assure that the team works toward common goals to deliver the perfect outcome for your project
  • Coordinate Installs — manage/schedule all owner-controlled vendors, coordinate with the contractor on site to assure seamless deliveries and installs
  • Relocation Management — implement your entire move, plan the transition, coordinate internal committees, hire the mover, provide 24/7 move coordination, so your people keep working with as few distractions as possible

Experience       Select Clients