Śledź Cresa Washington DC

Cresa Washington DC
1800 M Street NW
Suite 350 S
Washington DC 20036
202.628.0300 Telefon
Email
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Cresa Washington DC
2 Bethesda Metro Center
Suite 900
Bethesda, MD 20814
301.951.6500 Telefon
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Cresa Washington DC
7901 Jones Branch Drive
Suite 340
McLean, VA 22102
703.972.5799 Telefon
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Kontakt

Thomas G. Birnbach
Managing Principal
Email
301.951.6500 Telefon
Richard M. Rhodes
Managing Principal
Email
703.956.5730 Telefon
Gene S. Sachs
Managing Principal
Email
301.951.6500 Telefon
Mindy W. Saffer, LEED AP
Managing Principal
Email
202.783.3896 Telefon
Steven J. Schaumberg
Managing Principal
Email
301.951.6500 Telefon
Kathryn I. Thomas
Managing Principal, Project Management
Email
301.951.6500 Telefon

Washington DC

CRESA WASHINGTON DC NAMED 2017 #1 BEST PLACE TO WORK IN LARGE COMPANY CATEGORY BY THE WASHINGTON BUSINESS JOURNAL

CULTURE OF COLLABORATION

"We believe in standing shoulder to shoulder with our clients in partnership."
- Rich Rhodes, a Managing Principal at Cresa Washington DC explains the company's philosophy and approach to tenant representation in this video.

CRESA WASHINGTON DC

Cresa is an international corporate real estate advisory firm that exclusively represents Tenants. As professional real estate advisors, we are passionate about understanding the needs of our clients and strive to deliver exceptional service for the long term. We collaborate with clients to provide service-oriented rather than transaction-oriented counsel. By choosing to represent the interests of Tenants alone, Cresa avoids conflicts of interest.

As a company exclusively representing office space users, Cresa is able to serve these ever-growing tenant needs through its three offices in DC, Maryland, and Virginia. Led by principals with a combined 190+ years of experience in the real estate industry specific to the DC region, Cresa Washington DC has a proven track record of providing long-term business planning solutions which meets their clients’ real estate strategic needs and ultimately saves their clients money. 

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.

WHY CRESA

No compromises. No hidden agendas. No conflicts of interest. We put our expertise, insights, and experience to work for tenants and only tenants. 

See below for our latest sublease and sales listings.

To assess your real estate needs, download:

  • District of Columbia Office Market

    Class B - Q4 2016

    Podaż
    43,139,492
    Pustostany
    11.0%
    Absorpcja
    315,086
    Średnia stawka czynszu
    $44.83/SF
  • District of Columbia Office Market

    Class A - Q4 2016

    Podaż
    82,284,307
    Pustostany
    13.7%
    Absorpcja
    362,787
    Średnia stawka czynszu
    $57.61/SF
  • Northern Virginia Office Market

    Class A - Q4 2016

    Podaż
    105,532,228
    Pustostany
    21.4%
    Absorpcja
    128,726
    Średnia stawka czynszu
    $33.88/SF
  • Northern Virginia Office Market

    Class B - Q4 2016

    Podaż
    56,501,341
    Pustostany
    17.9%
    Absorpcja
    89,315
    Średnia stawka czynszu
    $28.25/SF
  • Suburban Maryland Office Market

    Class B - Q4 2016

    Podaż
    38,707,424
    Pustostany
    17.0%
    Absorpcja
    65,934
    Średnia stawka czynszu
    $24.16/SF
  • Suburban Maryland Office Market

    Class A - Q4 2016

    Podaż
    40,334,139
    Pustostany
    20.7%
    Absorpcja
    241,256
    Średnia stawka czynszu
    $28.53/SF

Informacje o rynku

Ludzie

Robert Anderson III Principal 703.539.0407
Sebastian G. Arrivillaga Senior Advisor 202.783.3885
Jaye Bell Operations Associate 301.951.6500
Shoshanah S. Belzer Operations Manager 202.628.0300
Aaron B. Berkey, LEED AP Principal 301.841.6505
Lauren H. Berkey, LEED AP Vice President 301.841.6511
Elizabeth Binnix Senior Operations Manager 301.951.6500
Thomas G. Birnbach Managing Principal 301.951.6500
Stephanie Bobo Senior Operations Manager 202.628.0300
Noreen Butler Senior Advisor
J. Russell Canard Principal 301.951.6500
Brian Chamberlain Graphic Designer
Kyle A. Cissel Senior Advisor 202.628.0300
Christopher Crooks Principal 301.841.6503
Paul Ehrenreich Principal 301.951.6500
Cody Emmert Advisor
Austin Evans Senior Advisor, Project Management 202.628.0300
Chris J. Finley, LEED AP Principal 301.841.6514
Joshua E. Freedenberg Vice President 202.783.3891
Andrew Gaffney Advisor, Account Management
Alexandra Gardiner Director of Finance 202.930.4019
Robert Gavin Senior Vice President, Finance 301.951.6500
John Gillick Advisor, Project Management
Peter M. Gottesman Senior Vice President 301.841.6517
Liz Grimm Executive Assistant to James M. Underhill, CEO 202.930.4021
Jonathan E. Harms Principal 202.783.3892
Lucia F. Hedke, LEED GA Senior Vice President 202.783.3881
Tim Hedke Senior Vice President
Samuel A. Heiber Principal 202.783.3889
Jeremy R. Henty Senior Advisor 202.783.3897
Michael L. Hetchkop Principal, Lease Audit 301.841.6532
Regina X. Jiron Senior Vice President, Operations 301.951.6500
Jeffrey Jurick Senior Vice President
LaMean Koroma Advisor
Matthew Kruczlnicki Research Analyst
John P. Kyle Senior Vice President 202.783.3890
Justin M. Lange Senior Advisor
Julie Matt Vice President
Thomas C. McBride Senior Vice President 202.942.1727
Richard M. Meadows Senior Vice President 301.841.6507
J. L. "Rusty" Meadows II, LEED AP Senior Vice President, Strategic Services
Jeremy Melmed Advisor
George Men Senior Advisor
Christie C. Minch, LEED AP Principal, Project Management 202.783.3882
Hailey B. Morris Vice President, Client Relations
Gabriella Parra Senior Advisor, Project Management 410.558.6192
Scott C. Randolph Senior Vice President
Kristin L. Rebeck Vice President
P. Andrew Renart Senior Vice President
Meghan Rhoades Advisor, Account Management
Richard M. Rhodes Managing Principal 703.956.5730
Jeremy Ricci Information Technology Manager 301.951.6500
Lauren N. Rizzo Senior Advisor
Jake C. Ruben Advisor 202.628.0300
Gene S. Sachs Managing Principal 301.951.6500
Mindy W. Saffer, LEED AP Managing Principal 202.783.3896
Kenneth J. Saltzman Senior Vice President
Steven J. Schaumberg Managing Principal 301.951.6500
W. Brennan Shanks Advisor
Daniel J. Shapiro Senior Vice President
Evan Solomon Senior Financial Analyst, Lease Audit
Dennis J. Tapiero Senior Vice President
Kathryn I. Thomas Managing Principal, Project Management 301.951.6500
William D. Tidwell Principal
James M. Underhill Chief Executive Officer 202.930.4021
Shailee Upadhyay Senior Accountant
Matthew D. Ward Principal
Will Wheaton Senior Research Manager
Marita Yarborough Operations Manager 301.951.6500

Aktualności

Success Stories

Client Location Sq. Footage
ACDI-VOCA Washington, DC  45,776 
American Coatings Association Washington, DC  17,498 
BAE Systems, Inc. Washington DC  23 million 
Bonner Kiernan Trebach & Crociata LLP Washington, DC  24,774 SF 
Business Roundtable Washington DC  26,000 
CRDF Global Washington, DC  28,704 
EA Engineering, Science and Technology, Inc. Hunt Valley, Maryland  74,500 
ESI International Washington DC  45,000 
EYP Washington, DC  21,000 SF 
International Foundation for Electoral Systems (IFES) Washington, DC  36,065 
National Association of Manufacturers Washington DC  41,732 
National Cable & Telecommunications Association Washington, DC  54,944 
National Democratic Institute Washington, DC  57,000 
Natural Resources Defense Council Washington, DC  32,000 
Paley Rothman Bethesda, MD  29,336 
Save the Children Washington, DC  58,000 
Snyder Cohn Rockville, Maryland  19,105 
The Motley Fool, Inc. Alexandria, Virginia  113,616 
Watkins Meegan LLC Washington DC  40,910 
Putting People's Health at the Center of Design
Companies primarily focus on the latest trends in workplace design of offices and buildings when planning their real estate needs. But what about placing people's health and well-being as the center of design? Read More
A Timeless Commercial Real Estate Question: Should I Stay or Should I Go?
Many tenants only look at their face rental rate when evaluating whether or not they have a "good deal," but that's simply the "tip of the iceberg." Read More
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
Putting People's Health at the Center of Design
LEED (Leadership in Energy and Environmental Design) has been an important certification program. But while LEED focuses primarily on the building, the WELL Building Standard places people’s health and well-being at the center of design. Read More
Winter Has Arrived; OpEx Reconciliations Up Next
Not long after office tenants have entered a new calendar year, an inconspicuous but impactful real estate expense statement is issued to tenants from their property managers. Read More

Armed Forces Practice Group (AFPG)

Cresa’s Armed Forces Practice Group (AFPG) is a service dedicated to meeting the needs of companies that work with the Armed Forces. Our team of experts, which includes two veterans, understands the specific needs and requirements of the hundreds of organizations that support the Armed Forces.  Leveraging all of Cresa’s service lines, we are able to provide customized, integrated services to meet a variety of needs.

Founded by Cresa professionals Chris Crooks, Jeremy Melmed, and Winters Heafey, AFPG is currently the only commercial real estate practice group that specifically serves the Armed Forces.  

AFPG is:

  • Based out of the Cresa Washington DC office, servicing the Greater Capital Area, Baltimore, and Denver, where Heafey is based, with plans to expand nationally.
  • Sustaining member of the Association of the United States Army (AUSA) which has 500 member companies.
  • Actively pursuing memberships with the US Navy, Marines, Air Force, and Coast Guard.

Additionally, AFPG is the founder of Real Estate Careers for the Armed Forces (REC4AF), a registered 501c3 nonprofit organization dedicated to mobilizing the commercial real estate community in training and hiring veterans and their families within the industry.  Cresa is pleased to lead this major initiative to bring together multiple disciplines in our industry in support of a great cause.

Lease Forensics & Enforcement

Welcome to Cresa's Lease Forensics & Enforcement Division, the Washington, DC region’s leader in operating expense and real estate tax pass-through reviews. We specialize in thoroughly examining our clients' lease documents to assure that their lease and accompanying pass-through expenses are being properly administered by the landlord. In our experience, we find that a majority of landlord pass-through statements require further review, and half the time our closer look results in savings for our clients. Please contact us to learn more on how our success has saved our clients millions of dollars in the past few months alone.

THE PROCESS - LEASE AUDIT CYCLE


DESKTOP AUDIT 101

Why do a "desktop" audit?

  • To determine your actual "all-in" lease costs
  • To determine if your lease and lease pass-through escalations are being properly administered
  • To determine if there have been any mistakes resulting in possible overcharges
  • To determine if your "all-in" costs exceed the building's market rate

TYPES OF ERRORS

  • Inadvertent Errors - Inclusion of expense items that should not be passed-through to the tenant under the terms of the lease 
  • Calculation Errors - Mathematical errors and/or the use of factors that are not specified in the lease
  • Intentional Errors - Landlord's conscious effort to pass-through expenses that cannot be passed through under terms of a lease. 

COMMON MISTAKES MADE AS A RESULT OF ERRORS

  • Improper or no gross-up of variable expenses 
  • Operating expense exclusions 
  • Incorrect base year or base amount 
  • Early commencement of pass-through liability 
  • Incorrect proportionate share 
  • Incorrect accounting methodology: cash vs. accrual 
  • Calendar vs. fiscal year real estate taxes 
  • Incorrect sublandlord billings 

CRESA WILL PERFORM YOUR DESKTOP AUDIT

  • We read more than 150 leases each year
  • Cresa's team includes in-house CPAs and MBAs who have commercial property management experience
  • Cresa's lease auditors have formal training in the lease and associated documents
  • Cresa has numerous resources for comparing market ranges for expense items, including BOMA reports
  • Cresa's lease auditors know the acceptable psf ranges for line items such as utilities, cleaning, management fees, insurance, repairs and maintenance, etc

WHAT DO I NEED FOR A LEASE AUDIT?



Contact our Lease Forensics & Enforcement division for more information.

Michael Hetchkop Evan Solomon
Principal Advisor, Lease Audit
Email Email

Community Service

Cresa Cares

As a company, Cresa has always been guided by the principle “Do the Right Thing.”  Cresa Cares extends this value beyond the world of real estate into support of our community.

Cresa Cares is the national nonprofit charitable foundation of Cresa, the world’s largest commercial real estate tenant rep advisory firm. Cresa Cares raises funds through a variety of events and functions and distributes those funds to nonprofit organizations recommended by our staff and clients. Since establishing the foundation in 2006, with Gene Sachs as co-founder, Cresa offices have raised over $750,000 to support 57 organizations that meet our criteria for critical services and cost effectiveness. 

Board of Directors

  • Gene Sachs
  • Adrienne Schirner
  • Paula Fowler
  • Elizabeth Geary
  • Liz Grimm
  • Chris Finley
  • Dennis Gralla
  • Tara Curley

This year, as Cresa Cares continues to grow, we are supporting 27 charities with causes ranging from cancer, autism, at-risk children, clean energy, Alzheimer’s, homelessness, and domestic violence.

DC Scores

At Cresa, our mantra of “Do the Right Thing” extends beyond the office and into the communities we serve. That’s why Cresa Washington DC and Cresa Baltimore have been a proud supporter of DC Scores for the past five years. 

DC Scores is an award-winning, 21-year-old nonprofit organization that provides free, safe, fun, and enriching after-school and summer programs for at-risk youth in our area.  DC Scores’ programs, which include soccer, poetry, and service-learning projects, focus on “whole-child” curriculum that helps build the skills needed to break the cycle of poverty. 

Summer vacation can be a particularly difficult time for low-income children who often don’t have access to safe and structured activities. DC Scores addresses this by offering free soccer and arts camps that engage over 250 kids and provide enriching summer learning opportunities. Cresa is the sole corporate sponsor of ”Couch to Camp,” an annual fundraising campaign that raises money needed for camp counselors, equipment, supplies, healthy snacks, and buses. Each year, our employees serve as “Camp Champs,” setting up personal online fundraising pages and asking friends, family, and colleagues to make donations. Each individual contribution is then matched by the company.

But it’s not all work and no play. On the last day of each summer camp, our employees join in the fun and host an end-of-camp celebration, providing food and fun activities. During this time, our employees interact with the kids and family members and see the positive impact their fundraising has made. 

“Cresa’s support of our Couch to Camp fundraiser is extremely important as a way to keep our summer programs free,” says Bethany Henderson, DC Scores ‘Executive Director. “And the end-of-camp celebration wouldn’t happen without them.” 

“Many of the young students participating in the camps would otherwise be without a safe learning environment to build healthy relationships, gain confidence, and play on a team,” says Chris Finley, Cresa Principal and former DC Scores Board Member. “Not only do we believe DC SCORES is a terrific cause, but supporting the kids brings us closer as a team.”

To learn more, donate, or volunteer, please visit www.dcscores.org.

Real Estate Careers for the Armed Forces (REC4AF)

Real Estate Careers for the Armed Forces (REC4AF) is a nonprofit organization that was formed in response to the employment challenges faced by veterans of the military. Our goal is to mobilize the commercial real estate community in Greater Washington, DC, Baltimore, Denver, and beyond in training, mentoring, and hiring veterans and their families into the vast commercial real estate industry. We are here to address the real needs of real heroes through real estate career opportunities.

REC4AF was co-founded by Cresa professionals Chris Crooks, Jeremy Melmed, and Winters Heafey

  • REC4AF is affiliated with the Association of the United States Army (AUSA) and its 500 member companies.
  • We are pursuing memberships with the US Navy, Marines, Air Force, and Coast Guard.
  • We are grateful for the guidance of American Freedom Federation (AFF), which works to better the lives of veterans and their families.
  • We are partnering with many other associations, veteran-owned companies, and government agencies.

“By facilitating career choices for veterans and their families, my team and I strive to do our part in making the world and our community a better place through our work with REC4AF," says Chris Crooks, Principal, Co-Founder, REC4AF. "We appreciate the support of Cresa and are proud to be part of the firm’s far-reaching community service initiative.” 

For more information or how to support, visit www.rec4af.org.

Community Foundation

The Community Foundation for the National Capital Region works to ensure equity, access, and opportunity for all residents in the Washington metropolitan area. Its mission is to strengthen the Washington metropolitan region by encouraging and supporting effective giving and by providing leadership on critical issues in our community. The Foundation is a community of givers dedicated to inspiring and creating change across the Washington DC region and beyond.

The Community Foundation—which includes local offices in the District of Columbia, Montgomery County, Northern Virginia, and Prince George’s County–is part of a network of 700 community foundations nationwide, each a tax-exempt, public charity made up of charitable giving funds established by individuals, families, corporations, and other organizations. It currently manages more than 700 donor funds with assets totaling more than $326 million. It is the largest funder of nonprofit organizations in the metropolitan Washington region, with annual grants of more than $90 million.

The Community Foundation focuses its community leadership works in three key areas—education, workforce development, and safety net —with the overarching goal of achieving economic security for all residents of the greater Washington DC region. Economic security is only possible when our youth graduate high school ready for college and careers; when adult workers obtain the skills and credentials needed to thrive in the region’s economy; and when residents’ basic human needs, such as food and shelter, are met.

“The Community Foundation for the National Capital Region has a special meaning to me, my family, and Cresa,” says Gene Sachs, Managing Principal and Cresa Cares Chairman. “I have  served as CF’s co-chair for the annual Celebration of Philanthropy gala for the past three years, and am proud of the fact that we raised over $1.5 million to help numerous nonprofits that support those in need in our community.”

To learn more or donate, please visit www.thecommunityfoundation.org.