Volgen Cresa San Diego

Cresa San Diego
3580 Carmel Mountain Road
Suite 150
San Diego, CA 92130
858.794.5500 Telefoon
858.794.5514 Fax


Simon Terry-Lloyd, MBA, LEED AP
Managing Principal
858.794.5503 Telefoon

San Diego

As part of the largest tenants-only commercial real estate platform in the world, Cresa San Diego tracks office and industrial trends in numerous submarkets extending from the U.S./Mexico border north to Camp Pendleton, an area accommodating approximately three million people which make up San Diego County.  The county is divided into three distinct areas: South County, Central County and North County.   South County has a large concentration of industrial activity, including maquiladora operations on both sides of the border. Central County (a highly sought after area) is made up of San Diego’s downtown central business district and extends north to include the University Towne Centre and Del Mar Heights Class A office markets.  Central County consists of a mix of office, corporate headquarters, life science, and warehouse/distribution industrial product.  North County, like South County, has a larger percentage of industrial space users as well as a lesser mix of office and R&D companies.

The economic base of San Diego County has become very diverse with major contributors being government contracting in the fields of defense and aerospace engineering, tourism, manufacturing, biotechnology, healthcare, finance and education.

Cresa San Diego

Cresa’s San Diego office is led by three managing principals with an average tenure in excess of 30 years’ experience in the San Diego County market.  The experienced team includes a mix of long term tenant representative brokers, former landlord brokers from the largest national brokerage firms, aggressive young brokers with strong real estate and finance training, and a full-time project manager.  Their impeccable reputation and work ethic is evidenced by their long term, proven track record in the marketplace.


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.


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. 


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.

  • Downtown Office

    Class A - First Quarter 2017

    6,754,951 SF
    -45,586 SF
    Gemiddelde Huurprijs
    $2.93/SF Full Service
  • Downtown Office

    Class B - First Quarter 2017

    6,028,941 SF
    302,675 SF
    Gemiddelde Huurprijs
    $2.34/SF Full Service
  • Suburban Office

    Class A - First Quarter 2017

    28,752,824 SF
    19,553 SF
    Gemiddelde Huurprijs
    $3.14/SF Full Service
  • Suburban Office

    Class B - First Quarter 2017

    48,311,424 SF
    41,997 SF
    Gemiddelde Huurprijs
  • San Diego Industrial Market

    Overall - First Quarter 2017

    189,910,131 SF
    -73,712 SF
    Gemiddelde Huurprijs
    $0.56/SF Triple Net



Eric Baugh Senior Vice President, Project Management 858.794.5515
Jesse Brennan Advisor 858.369.5414
Josh Estill Advisor 858.794.5512
Glenn Friedrich Managing Principal 858.794.5505
Tommy Friedrich Advisor 858.369.5416
Alex Johnstone Associate, Project Management 858.369.5417
Don Mitchell Managing Principal 858.794.5501
Ryan Mitchell Advisor 858.794.5506
Rich Porreco Managing Principal 858.794.5510
Kayla Prochnow Marketing Associate 858.794.5500
Zach Shaw Advisor 858.369.5415
Alina Stromberg Business Manager 858.369.5418
Simon Terry-Lloyd, MBA, LEED AP Managing Principal 858.794.5503
Beau Velten Advisor 858.369.5400
Justin Walseth Senior Vice President 858.794.5507


Success Stories

Client Location Sq. Footage
Activision | Blizzard Carlsbad, CA  18,514 
Allergy and Asthma Medical Group San Diego, CA  11,532  
Cal Amp, Inc. Carlsbad, CA  25,000 SF 
Centre For Healthcare San Diego, CA  74,000 
Chicken of the Sea San Diego, CA  28,769 
Dauntless Pharmaceuticals San Diego, CA   
First Dental Health San Diego, CA  10,000 
Hunter Douglas Inc. Poway, CA  133,125 
Information Systems Laboratories, Inc. San Diego, CA  30,097 SF 
IONIS Pharmaceuticals Carlsbad, CA  12.35 Acres 
ITT Educational Systems, Inc. National City, CA  44,000 
L-3 Communications San Diego, CA  30,097 
Larrabee, Mehlman, Albi & Coker LLP San Diego, CA  10,681 
LPL Financial - San Diego San Diego, CA  415,000 
Pall Corporation San Diego, CA  25,773 
Retail Inkjet Solutions, Inc. (RIS) Carlsbad, CA  17,204 
Sherpa Clinical Packaging San Diego, CA  37,593 SF 
Shire Regenerative Medicine San Diego, CA  Phase 1 - 250,000 SF / Up to 800,000 
SmartDraw Software San Diego, CA  19,908 

Subleases & Sales

Property Available Space Rental Rate
Lease: San Diego - 9710-9712 Distribution Ave.
9710-9712 Distribution Ave.
San Diego, CA 92121
17,830 RSF, 9712 Distribution Ave $0.80/SF, Triple Net
Sublease: San Diego - 2670 N Main St.
2670 N Main St.
Suite 370
Santa Ana, CA 92075
2,267 RSF, Suite 370 $1.50/SF, Gross +Utilities
Sublease: San Diego - 3702 Fourth Ave.
3702 Fourth Ave.
Suite 200
San Diego, CA 92103
1,972 RSF, Suite 200 $2.25/SF, +Utilities
Sale: San Diego - 2293 Cosmos Ct.
2293 Cosmos Ct.
Carlsbad, CA 92011
47,762 SF
Sublease: San Diego - 2345 Camino Vida Roble
2345 Camino Vida Roble
Carlsbad, CA 92011
9,720 RSF, Entire Premises $0.95/SF, Triple Net
Sublease: San Diego - 9332 Clairemont Mesa Blvd.
9332 Clairemont Mesa Blvd.
San Diego, CA 92123
11,530 RSF, Entire Building (Divisible) $2.45/SF, Gross
Sublease: San Diego - 4901 Morena Blvd.
4901 Morena Blvd.
Suite 703
San Diego, CA 92117
2,645 RSF, Suite 703 (Divisible) $0.94/SF, Triple Net
Sublease: San Diego - 2400 Kettner Blvd.
2400 Kettner Blvd.
Suite 100
San Diego, CA 92101
13,500 RSF, Suite 100 & 3,690 RSF, Basement $1.99/SF, Triple Net
Sublease: San Diego - 550 W C St.
550 W C St.
20th Floor
San Diego, CA 92101
7,090-20,000 RSF, 20th Floor $4.50/SF, Full Service
Sublease: San Diego - 8710 Avenida De La Fuente
8710 Avenida De La Fuente
San Dieg,, CA 92154
23,634 RSF, Entire Building $0.80/SF, Triple Net
Sublease: San Diego - 12770 High Bluff Dr.
12770 High Bluff Dr.
Suite 200
San Diego, CA 92130
2,043 SF, Suite 200 $3.99/SF, Net of Electric
Sublease: San Diego - 350 Tenth Ave.
350 Tenth Ave.
Partial 3rd Floor
San Diego, CA 92101
16,800 RSF, Partial 3rd Floor Negotiable
Sublease: San Diego - 5355 Mira Sorrento Pl.
5355 Mira Sorrento Pl.
Partial 7th Floor
San Diego, CA 92121
Approx. 6,000 RSF, Partial 7th Floor Negotiable
Sublease: San Diego - 955 Borra Pl.
955 Borra Pl.
San Diego, CA 92029
17,688 RSF, Partial Building $1.18/SF, Triple Net


“In the end, we ended up with a deal that was far more favorable economically than my own best case scenario.  You over-delivered on your promises and were tenacious when I think many brokers would have counseled us to just meet in the middle.  Your communication during the entire process, and the integrity you demonstrated to all parties, drove us to an outcome that I would say was an eleven on a ten point scale.  Your personal attention to our transaction was greatly appreciated.”
CEO - BYCOR General Contractors
“In our first meeting, you let us know what to expect on the open market as well as the renewal process.  You then provided accurate market information to back it up.  You were able to obtain terms and conditions that started seven months before our lease expired and our rent was reduced by over 57 percent for the first seven months of our lease.  In addition, our lease rate over the term was reduced considerably from our old lease.  The entire process took less than one month, so we were able to realize the savings very quickly.  I can not tell you how important this is to us during these tough economic conditions.”
President - Dowling Construction, Inc.
  “It is a pleasure working with you on our office space needs.  It’s amazing that we have been working together for over 17 years.  In each instance, Employment & Community Options was looking for new or additional office space.  You are an excellent representative for the tenants’ interests.  You quickly learned about our needs and requirements and sought out appropriate sites for us to visit.  In each situation, we located offices that met our needs and matched our budget restrictions.  I would highly recommend your services to anyone looking for a commercial real estate broker. ”
Nancy Batterman
CEO - E&CO, Formerly Employment & Community Options
“Cresa promoted themselves as ‘Tenant Advocates.’  Had I not suffered through three previous brokers, I probably would not have given that term a second thought.  Being unfamiliar with the term, I asked Glenn what it meant.  He explained that Cresa represented tenants only, not landlords or owners.  Based on my previous experience, I found this dynamic to be most unusual.  In fact, one of the previous brokers actually tried to represent us as well as the owner of the building.  The tremendous price and terms Glenn ultimately negotiated on our behalf came as a direct result of this independent representation.”
Ken Wilson
CFO - Preston Estate Planning, A.P.L.C.
  “Over the course of six weeks, with integrity, professionalism and deal-making savvy, you addressed and pressed every point of the proposed lease with the landlord, extracting incremental concessions during each phone call that represented for us many thousands of dollars in savings.  The outcome, as you know, was an extraordinarily attractive lease agreement - far more attractive than I had envisioned in my dreams.  I can say with certainty, you extracted every concession that could be extracted from the landlord, and there was no money left on the table.  We couldn’t be happier.”
Kenneth N. Bender
Founder and Managing Director - Software Equity Group, L.L.C.
  “WAXIE Sanitary Supply has had a 14 plus year business relationship with Don Mitchell that has been and is very instrumental in the development of our business infrastructure needs.  Don wanted to first understand our needs and then began helping fulfill our requirements that others were unable to perform to our satisfaction.  Since Don has moved to Cresa San Diego, the relationship has grown stronger and our faith in his advice has been earned through dedication and hard work.  In short, he has our trust and confidence by always being our personal ‘Tenant’s Advantage.’”
VP, Corporate Operations/IT - WAXIE Sanitary Supply

Market Statistics

Office | Class "A" Office | Class "B" Industrial Properties


The U.S. and international accounting standards boards (the FASB and IASB) have issued new lease accounting standards that will significantly impact corporate balance sheets. Lease obligations are required to be accounted for on balance sheets as a “right-of-use” asset and a lease liability. In order to calculate the effect, businesses will need detailed information and substantial analysis of their lease portfolio. The combination of our knowledgeable leasing and accounting experts will help you develop an outstanding and proactive strategy for implementing these new standards. Learn more about AccountLease by visiting our website or contact accountlease@cresa.com​​​​.

About Swenson Advisors, LLP

Established in 1998, Swenson Advisors, LLP provides assurance, tax, and consulting services throughout offices in San Diego, Murrieta, and Hong Kong. Swenson is a full service client-centric accounting firm that offers solutions to a wide base of industries, regionally and worldwide. Swenson services clients globally through their membership with Integra International– an association of independent accounting and consulting firms. Find out more about Swenson by visiting their website.