Lease Administration

The volatility of 2022 led global central banks to raise interest rates to combat soaring inflation, ending a decades-long era of low inflation and historically low-interest rates.

Cresa has represented tenant Exostar LLC in its 21,500-square-foot lease at Dulles Metro Center, a 225,029-square-foot, eight-story office building located at 2325 Dulles Corner Boulevard in Herndon, VA.

Cresa’s Miami office is one of the company’s most successful outposts, thanks to Managing Principals Jeff Hartsook, Robert Orban and Zachary Talbot, and Vice President Adam Talbot. The firm’s Miami office specializes in negotiating, securing, and relocating clients in the professional service, supply chain, healthcare, data and other industries.

The amount of sublease office space available in downtown Vancouver is currently at a 32-year high, and with further increases expected, it could reach levels not seen since the mid-to-late 1980s. “It’s quite something really,” said Vancouver-based Ross Moore, a managing broker at real estate company Cresa, which advises companies on leases.

There’s been a lot of news recently about the financial pressures facing suburban Chicago commercial office landlords who have financed their office buildings via commercial mortgage-backed securities (CMBS) loans.

Efficient lab operations are critical to business continuity in the life sciences community.

Cresa has represented tenant Exostar LLC in its 21,500-square-foot lease at Dulles Metro Center, a 225,029-square-foot, eight-story office building located at 2325 Dulles Corner Boulevard in Herndon, VA.

The space was designed as a showplace and “test lab” for workplace planning concepts and allows Cresa to test out new ideas in real time, while at the same time, show clients and visitors alike how workplace planning can impact employee work and productivity.