SAN FRANCISCO, CA – July 28, 2015 – DTZ, a global leader in commercial real estate services, announced today that Equity Office Properties has awarded its Property Management team in Northern California a total of ±990,500 square feet in new management assignments located in the San Francisco North Bay and East Bay regions. Jim Arce, Senior Managing Director; Warren Mead, Associate Vice President; Danae Outeiro, Senior Property Manager; and Adam Goldacker, Property Manager, will lead the DTZ management team in the assignment. The portfolio consists of four separate projects spanning four cities and is comprised of a total of nine buildings. The projects include Larkspur Office Landing Park in Larkspur, Harbor Drive Executive Business Park in Sausalito, Creekside Business Park in Dublin and Benicia Industrial Park in Benicia:
Larkspur Office Landing Park is a three-building, multi-tenant Class A office project totaling ±199,048 square feet. The mid-rise park is comprised of two- and three-story buildings located at 700, 900 and 1100 Larkspur Landing Circle in the city of Larkspur. DTZ also provides leasing services for the property.
Harbor Drive Executive Business Park is a multi-tenant Class A office project totaling ±113,114 square feet. The park is comprised of two 3-story buildings located at 1 and 3 Harbor Drive in the city of Sausalito. The park is currently 90% occupied to approximately 30 tenants.
Creekside Business Park is a two-building, multi-tenant high-quality industrial/flex project totaling ±170,879 square feet. The single-story buildings are located at 5990 Gleason Drive and 5875 Arnold Road in the city of Dublin.
Benicia Industrial Park is a two-building, multi-tenant industrial project totaling ±507,421 square feet. Highly visible from Interstate 680, the park is wedged between Stone and Park roads and Iowa and Indiana streets in the city of Benicia. The addresses include 4186 Park Road, 4347 Iowa Street, and 603, 631 and 635 Indiana Street.
“Being selected to provide management services for this great portfolio is thrilling and serves as a testament to the strong relationships our leasing team, led by Whitney Strotz, has developed with clients in Marin County, as well as the skilled talent we have cultivated in our Property Management group in the region,” said Mr. Mead. “We look forward to working closely with Equity Office Properties on this assignment.”
DTZ is a global leader in commercial real estate services providing occupiers, tenants and investors around the world with a full spectrum of property solutions. The company’s core capabilities include agency leasing, tenant representation, corporate and global occupier services, property management, facilities management, facilities services, capital markets, investment and asset management, valuation, research, consulting, and project and development management. DTZ provides property management for 1.9 billion square feet, or 171 million square meters, and facilities management for 1.3 billion square feet, or 124 million square meters. The company completed $63 billion in transaction volume globally in 2014 on behalf of institutional, corporate, government and private clients. Headquartered in Chicago, DTZ has more than 28,000 employees who operate across more than 260 offices in 50 countries and represent the company’s culture of excellence, client advocacy, integrity and collaboration.
DTZ announced an agreement to merge with Cushman & Wakefield in a May 11 press release. The new company, which will operate under the Cushman & Wakefield brand, will have revenues over $5.5 billion, over 43,000 employees and will manage more than 4 billion square feet globally on behalf of institutional, corporate and private clients. The agreement is subject to customary closing conditions and is expected to close before the end of 2015. For further information, visit: www.dtz.com or follow us on Twitter @DTZ.