Suggestions
Cale Miller
Problem Solver - Corporate Real Estate - Angel Investor - Hughes Marino SVP Tenant Brokerage Talks #CRE #PortfolioManagement #SiteSelection #Brokerage #Tenant Rep #NorthernCalifornia #BayAreaLeasing #GlobalTenantRep
Cale Miller is a seasoned Senior Vice President at Hughes Marino, a prestigious commercial real estate firm dedicated to representing tenants and occupiers, bringing over 17 years of experience in the industry. With a strong passion for assisting tenants in optimizing their space utilization and strategic planning for future growth, Cale thrives in solving challenges related to workforce placement and location decisions. His work involves negotiating complex transactions and collaborating with executive teams and diverse groups of leaders across various industries, such as life sciences, technology, and law firms.
Highlights
My business partner and Hughes Marino co-founder David Marino, recently published on Forbes.com this slice and dice analysis of where the U.S. office markets are, where they are going, and why. Bottom line, it’s bad and getting worse for building owners, for years to come, and will stay great for tenants.
The Northern California market is entering a massive correction that as I recently described to a few clients, is coming to the end of Phase 1 (of 3 phases). The next phase is rent reduction (after massive inducement packages started being offered). After that comes the distress and new basis reset. For more information and to discuss how we are levering this market correction (and timing it accordingly) for all of our Northern California clients (and their locations around the country), LET'S TALK! Now is a great time to be reconsidering who you partner with and HOW they can leverage your tenancy and your credit in this big-time market reset!
Kudos to my partner David Marino for leading the charge on this article!
#CRE #PortfolioManagement #SiteSelection #Brokerage #tenantrepresentation #NorthernCalifornia #BayAreaLeasing #GlobalTenantRep Hughes Marino #tenantrepresentation #corporaterealestate #suburbanoffice #officeleasing #downtownoffice #lifesciencesrealestate #lifesciences
I’m seeing that more and more of my clients are looking to find space that is upgraded and a better fit culturally, and in turn, can often be found in up-and-coming neighborhoods where rental rates are more attractive than those they have seen in their previous traditional downtown offices. A real-life example of this scenario was shared in a recent San Francisco article featuring BraunHagey & Borden LLP, a client I assisted in representing. It’s an exciting time for tenants!
Thank you Daryl Dellera J. Noah Hagey Allison Hagey Dan Harris Andrew Levine Jason Sanderson Natalie Galvan Rachel Rossi Troy M. Ortiz, Esq. and all of the other team members for the help on this exciting project for the BHB Team!
