New Commercial Office Space being developed in Cobblestone Business Park
Chris Corrigan recently completed first generation tenant improvements for Ball Jones Gans Gowen, Inc. and State Farm Insurance – Scott Shoffner despite the perception of an abundance of professional office space.
Redding, CA April 11, 2013 – Haedrich & Co., Inc., a professional commercial real estate firm in Redding, California successfully facilitated the leasing of newly improved office space by Scott Shoffner from State Farm and Ball Jones Gans Gowen, Inc. The landlord, Chris Corrigan, completed the first generation tenant improvements in the Cobblestone Business Park on Hartnell Avenue in Redding, CA.
Ball Jones Gans Gowen, Inc. a financial services firm affiliated with Raymond James has relocated from their previous Hilltop Drive location. Geoff Ball, Managing Principal with Ball Jones Gans Gowen, Inc. said, “We engaged Haedrich & Company to relocate our business. After an extensive area search we agreed with their analysis that is was more cost effective to do a new build out to meet our requirements. They put together an excellent arrangement and worked with us from the initial letter of intent, with the planning and through to the final successful completion of the project. Specifically, Ryan Haedrich did a truly commendable job addressing every detail in this process and making sure the nothing was dropped. Their firm was outstanding in every phase of our project and made what would have been extremely difficult project doable and easy for us.”
Ball Jones Gans Gowen, Inc. now occupies approximately 2,400 square feet and Scott Shoffner with State Farm occupies approximately 1,000 square feet of brand new space. Haedrich & Co., Inc. will continue to market the remaining space that can be built out to a tenant’s specific requirements.
“There is a perception that there is a large amount of office space vacant in Redding”, said Ryan Haedrich, CCIM of Haedrich & Co., Inc. “However over the past three years tenants have upgraded their spaces usually leaving behind inferior space that few professionals want to occupy for their businesses. Tenants are now realizing this and are willing to pay a rental rate commensurate with brand new space.”
About Haedrich & Co., Inc.:
Haedrich & Co., Inc. is a full-service commercial real estate firm established in 1985. As our primary mission, the firm seeks to professionally serve its clients in making well-educated decisions concerning the use, management and operation, acquisition or disposition of commercial real estate. The firm specializes in commercial property valuation, investment analysis, and market analysis for all sectors of commercial real estate. As well as providing skilled negotiation of sale and lease transactions, property management services, and escrow services.
For more information contact Ryan Haedrich, CCIM of Haedrich &Co., Inc.