SAN DIEGO – April 29, 2015 – (RealEstateRama) — DTZ, a global leader in commercial real estate services, announced today that it has represented developer Cruzan in its 45,000 square foot lease with GoPro (NASDAQ: GPRO), enabler of some of today’s most engaging content, at Cruzan’s “MAKE” coastal redevelopment in Carlsbad, CA. GoPro will serve as “MAKE’s” anchor tenant.
DTZ Managing Directors Brett Ward and Aric Starck represented Cruzan.
“MAKE” is a 175,000 square foot office redevelopment project on the coast of Carlsbad. Housed in an industrial warehouse that was formerly home to the wholesale floral trade, most of the existing building was reused in the new design. The space has been redeveloped under the overarching theme of making, to inspire the formation of new ideas and products. The expected result is that this workplace will be a big draw for talented employees, particularly millennials that currently make up 40 percent of the U.S. workforce, according to an analysis by the Georgetown University Center on Education and the Workforce. That figure is projected to grow 50 percent in the next five years, according to the U.S. Bureau of Labor Statistics.
“The space has received a lot of attention as of late and for good reason,” said Mr. Ward. “It will take full advantage of the coastal location with interior workspaces that spill outside, outdoor work and meeting spaces, storage for surfboards and bikes, a cafe with outdoor seating, rotating food trucks and a cutting-edge, integrated fitness center. There will also be an outdoor amphitheater that GoPro and other tenants can use to host special events. It’s the type of community-minded work environment that will have employees coming to work on Mondays with smiles on their faces.”
More information on “MAKE” is available at http://www.makeatmake.com/.
Cruzan is a Southern California-based commercial real estate company known to think outside of the box and creatively rethink the environments in which people work. Guided by purposeful design, Cruzan oversees all facets of commercial real estate, including value add investment, development/re-development, third-party construction/development management services, finance, property and asset management and leasing. For more information, visit www.cruzan.co.
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. For further information, visit: www.dtz.com or follow us on Twitter @DTZ.