San Mateo, Calif., November 20, 2017 – After 47 years at the same address, California Casualty announces it is moving its home office within two miles of its current location. The family-owned auto and home insurer will be relocating its headquarters from 1900 Alameda de las Pulgas to the Crossroads II at 1875 S. Grant Street.
The relocation has been guided by Luke Raimondo and Matt Chatham of commercial real estate advisory firm Savills Studley.
California Casualty’s CEO, Beau Brown, says employees played a significant role in selecting the new site. “California Casualty has many long term employees in our office with 25 or more years with the company, so staying in San Mateo was very important to our management team. We relayed that to Savills Studley, and we were very pleased that they found several great San Mateo alternatives. A committee of employees told us they liked Crossroads II the best. We are all very excited for the move.”
The new location provides better use of the space for 110 employees at the company’s headquarters. After the completion of a 31,000 square foot buildout, the home office will be housed on the 8th floor and 10th floor in a more modern, efficient workplace.
The move will take place over the 2018 Memorial Day Weekend.
Founded in 1914 in San Francisco, California Casualty Management Company enjoys a very rare status: it is a fourth generation, 104 year-old, family-owned company. The Family Business Institute estimates that only 30 percent of family held businesses survive to the second generation, and only 3 percent are viable to the fourth generation.
In 1951, California Casualty pioneered the group auto insurance concept and now provides auto and home insurance to educators, law enforcement, firefighters and health care professionals in 44 states, and has three service centers located in Leawood, Kansas; Glendale, Arizona; and Colorado Springs, Colorado. The company employs 700 people.
More information about California Casualty can be found at www.calcas.com/Our-Company.
About Savills Studley
Savills Studley is the leading commercial real estate services firm specializing in tenant representation. Founded in 1954, the firm pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. Today, supported by high quality market research and in-depth analysis, Savills Studley provides strategic real estate solutions to organizations across all industries. The firm’s comprehensive platform includes brokerage, project management, capital markets, consulting and corporate services. With 31 offices in the U.S. and Canada, and a heritage of innovation, Savills Studley is well known for tenacious client advocacy and exceptional service.
The firm is part of London-headquartered Savills plc, the premier global real estate service provider with over 33,000 professionals and over 180 commercial offices around the world. Savills plc is listed on the London Stock Exchange (SVS.L).