Cresa’s Post

Happy Fourth of July! Today, we celebrate the values of freedom, unity, and the pursuit of happiness. Let's take a moment to reflect on the sacrifices made for our independence and the opportunities it affords us. Enjoy the festivities, stay safe, and cherish the moments with family and friends. 🎆

While ESG is certainly a mainstay on most companies' strategic priorities, short-term sentiment around relocating to green-certified buildings diverges across regions, according to the latest results from the Corporate Real Estate Sentiment Index. Dr Lee Elliott, Global Head of Occupier Research at Knight Frank chats with Craig Van Pelt, Cresa’s Head of Research about the potential drivers behind these regional differences. Watch the full conversation here: https://lnkd.in/gRdP3mDF Or listen to the audio on-the-go: https://lnkd.in/gJNc_qRD #ESG #TenantRepresentation #CRE

We are so excited to partner with Modo Yoga International to support the growth and buildout of their North American franchise locations! With our expertise in tenant representation and project management, we are dedicated to identifying prime locations and creating inspiring spaces that reflect the Modo Yoga ethos.

While occupiers in Europe and Asia have become more positive around offshoring key functions to other locations, Craig Van Pelt, Head of Research, shares a contrasting approach for occupiers in North America, which sees a growing trend of onshoring or nearshoring, as occupiers aim to mitigate business complexities that have emerged on the back of the pandemic. Lee Elliott, Knight Frank #onshoring #offshoring #CRE

Dr Lee Elliott, Global Head of Occupier Research at Knight Frank chats with Craig Van Pelt, Cresa’s Head of Research, comparing the regional results of the Corporate Real Estate Sentiment Index between North America, Europe and Asia-Pacific. Across the regions, there is growing positivity around the global economic outlook and corporate revenue growth. However, caution prevails around strategic plans to raise headcount for most companies, with many choosing to focus instead on boosting the efficiency and productivity of their current workforces for the next 6 months. Watch the full conversation here: https://lnkd.in/gRdP3mDF Or listen to the audio on-the-go: https://lnkd.in/gJNc_qRD #CRE #corporaterealestate #tenantrepresentation  

Happy Juneteenth! Today, we commemorate the end of slavery in the United States and celebrate the strength, resilience, and contributions of Black Americans. Let's continue to strive for equality and justice for all. 

Are traditional central business districts seeing a necessary culling? Richard Florida, Tod Lickerman and Craig Van Pelt discuss the changing dynamics of cities on the latest episode of Opportunity Space. Listen to the full conversation: https://lnkd.in/g6geMyy6 #OfficeMarket #CBD #Urbanism #Cities

Silicon Foundry, a Kearney Company, has leased 17,894 square feet of former Salesforce space at 350 Mission St. in San Francisco. Represented by Will Scovill and Brandon Leitner, the advisory firm is relocating from 11,000 square feet at 505 Howard St. “This lease underscores Silicon Foundry’s dedication to pushing the boundaries of innovation and places them at the heart of the city and country’s thriving tech ecosystem – all while taking advantage of favorable market conditions,” said Scovill.