Miami, FL, September 05, 2014 --(PR.com
)-- After pitching for seven years in a San Francisco Giants uniform—and one year for the Los Angeles Dodgers—Major League Baseball (MLB) World Series champion Steven Edlefsen is joining Cresa South Florida’s Industrial Services team.
Edlefsen joins Cresa as an Industrial Services advisor. He is no stranger to commercial real estate. Before his eight-year MLB career, Edlefsen worked at The Staubach Company’s Miami office, where he gained South Florida market knowledge working with tenants.
“Cresa South Florida has made a strong commitment to expand our industrial platform,” said Sky Groden, Cresa South Florida’s Principal of Industrial Advisory Services, who joined the firm in January to lead the industrial charge. “Steven is an exceptional performer and we are fortunate he decided to join our growing tenant representation practice. His skill sets complement our goals to provide the most professional, comprehensive support for industrial tenants looking for space in South Florida.”
During his time at Staubach, Edlefsen gained experience and understanding advising clients in lease negotiation, lease renewals, property analysis and business development. More importantly to the Cresa platform, he learned about managing customer relationships to achieve the best deal for the client.
“I enjoy the aspect of focusing solely on client needs and not having to balance the conflict of interest that exists in the industrial real estate market with brokerage firms representing both landlords and tenants,” Edlefsen said. “You can bank on the integrity that your client is your number one priority and there are no hidden agendas with landlords.”
According to Cresa’s Q3 2014 report, the North American industrial market is seeing strong demand with 100 million square feet of absorption in the quarter and vacancy rates dropping to 7.7%. Miami reflects national industrial growth trends. Companies from outside Florida are moving in to build speculative industrial developments, industrial assets are trading at strong values, and space is being absorbed.
“On a national level, Cresa has been historically known on the office, hospitality and healthcare side of the business,” said Groden. “There’s a major resurgence of industrial real estate nationally—and in South Florida. Industrial growth is booming because trade growth continues rising. We see no end in sight and we’re glad to have Steve on the team to help us serve more tenants looking for industrial space in Florida.”
Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Corporate Solutions, Portfolio Strategies, Location Planning, Lease Administration, Capital Markets, Mission Critical Solutions, and Facilities Services. With more than 58 offices, Cresa is the largest tenant representation firm in North America. For more information, visit www.cresa.com.