Cresa Palo Alto
705 High Street
Palo Alto, CA 94301
650.812.9800 tel
650.812.9833 fax
Map/Directions

Contacts

Mark Moser
Principal
Email
650.812.9804 tel
Mark Pearson
Managing Principal
Email
650.812.9806 tel
David Tipton
Principal
Email
650.812.9802 tel

Palo Alto

  • Peninsula

    Office

    Supply
    51,312,365 SF
    Vacancy
    8%
    Absorption
    489,859 SF
    Avg. Lease Rate
    $46.17
  • Peninsula

    Industrial

    Supply
    31,060,041 SF
    Vacancy
    5%
    Absorption
    113,346 SF
    Avg. Lease Rate
    $10.25
  • Peninsula

    Flex

    Supply
    13,444,081 SF
    Vacancy
    10%
    Absorption
    36,583 SF
    Avg. Lease Rate
    $18.16

Welcome

Thank you for visiting the Silicon Valley web pages of Cresa. With offices in San Jose and Palo Alto as well as two regional offices in San Francisco and Emeryville, we are the Bay Area’s largest commercial real estate advisory firm specializing in tenant representation.

Despite these times of economic uncertainty, our local offices continue to flourish. As a real estate services partnership, we offer tenants users a stable, dedicated advocate that has no debt, increasing revenues, and a growing talent pool.

Our team provides strategic and customized real estate solutions for occupants, implemented through our global platform.  Since we exclusively represent tenants, not landlords, we avoid potential conflicts of interest. Also distinguishing our firm is our commitment to ongoing corporate real estate services such as Strategic Planning and Project Management, which we integrate with Transaction Management.

We value our clients equally and have the flexibility to scale our services to meet their needs. Through our customized approach and comprehensive suite of corporate services, we provide the resources necessary to implement solutions, ranging from one-time local real estate transactions to management of entire global real estate portfolios.

Our clients, with portfolios ranging from 1,200 square feet locally to 12 million square feet globally, typically view our advisors as an extension of their internal resources.

Experience

Our team averages in excess of 15 years' experience within the real estate industry.  We have expertise in numerous industries with the following areas of specialization:

  •         Technology
  •         Internet
  •         Life Science/Biopharmaceutical/Drug Discovery
  •         Insurance
  •         Healthcare
  •         Law and Professional Services
  •         Consumer Products
  •         M&A/Restructuring
  •         Nonprofits

Market

The epicenter of the seventh largest economy in the world, Silicon Valley is home to some of the region’s most innovative and transformational companies, such as HP, Apple, Google, Intel, IBM, Facebook, Genentech, Oracle, Symantec, Adobe, Juniper Networks, Network Appliance, and Yahoo!

Our office market, consisting of over 200 million square feet, has seen increased velocity and dramatic tightening of space in suburban markets.  In addition, rents have stabilized in some of the stronger submarkets such as Stanford Research Park and Mountain View, as Internet and social networking companies expand their workforces.  Increasingly, tenants that have put off business decisions are now more focused on leveraging favorable market conditions, exploring options for upgrades, and locking in lower rents; For more details regarding our local market, please see the Palo Alto Tenant’s Guide.

People

Erika Allen Marketing Director 650.812.9800
Steve Lico Senior Vice President 650.812.9810
Mark Moser Principal 650.812.9804
Antonia Murphy Vice President 650.812.9803
Mark Pearson Managing Principal 650.812.9806
Charles Taylor Senior Vice President 650.812.9831
David Tipton Principal 650.812.9802

News

Subleases

Property Available Space Rental Rate
Pacific Shores Center
1700 Seaport Blvd
Suite 120
Redwood City, CA 94063
Suite 120: 10,260 SF $1.95 NNN
1 Corporate Drive
1 Corporate Drive
South San Francisco, CA 94080
Full Building: 66,127 SF $2.75 NNN
BRISBANE SUBLEASE
3260 Bayshore Blvd
Brisbane, CA
30,722 SF (Entire Second Floor) Negotiable
47988 Fremont Blvd
47988 Fremont Blvd
Fremont, CA 94538
5,560 SF $0.85 IG
Menlo Park Sublease
149 Commonwealth Drive
Menlo Park, CA
30,174 SF Divisible to 11,382 SF $3.25 FS
Britannia Modular Laboratories
333 Allerton Ave
South San Francisco, CA
45,505 SF Divisible $1.50 NNN