SAN FRANCISCO—Even as the economy slowly recovers, Bay Areabusinesses are still in a cost-cutting mode. As companies scrutinize thebottom-line, they typically pay specialattention to commercial real estate, which continues to be theirsecond greatest expense, after labor costs. That is according toMike Michaels, a managing principal at Cresa SanJose. In this environment, with millions of dollars at stake, hesays, many companies today aren't satisfied with business as usual.“They're looking 'outsidethe box' to save money, reduce risk, and addvalue.”
Michaels tells GlobeSt.com that “When companies need a realestate service provider, conventional wisdom suggests they seekfirms that will put their interests first. And, since theclient-broker relationship is all about trust, conventional wisdomalso suggests that companies insist on accountability,transparency, and full disclosure. But conventional wisdom doesn'talways prevail.”
GlobeSt.com: Which brokerage firms are best equippedto service the real estate portfolios of companiestoday?
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
