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How the Dual-Agency Laws Are Affecting Tenants

IRVINE, CA—Commercial tenants are embracing the conflict-free model more than ever before, which Savills Studley, having recently acquired Cresa Orange County, is now positioned to provide more than ever, company principals tell GlobeSt.com.

Royce Sharf Royce Sharf

IRVINE, CA—Commercial tenants are embracing the conflict-free model more than ever before, and tenant-rep firm Savills Studley, having recently acquired Cresa Orange County, is now positioned to provide this more than ever, company principals tell GlobeSt.com. The New York-based Savills Studley, whose local office is based in Irvine, CA, recently completed the acquisition of Cresa Orange County, the Newport Beach affiliate of Cresa LLC in Boston, and the acquisition brings two similarly minded firms together

The two Orange County offices are merging their operations as a result of the acquisition and will operate as Savills Studley with a combined firm of 35 brokers and about 56 employees. The Irvine office of Savills Studley is believed to be the largest tenant-advisory group in the Western US by headcount.

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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