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Savvy Bay Area Real Estate Firm Emphasizes Property Management As Leasing Fades

A savvy real estate firm has hired an industry veteran to bolster its property management as Bay Area leasing activity
Silicon Valley 1:15 pm on June 10, 2024

Technology firms are reducing corporate footprints post-COVID, leading to surplus office space; Hagen at Ritchie Asset Management manages this growth. Amidst transaction slowdown and high interest rates, property management provides steady revenue and lease renewals.

Tech companies downsize footprints due to pandemic aftermath
Surplus office space in market; Hagen oversees Ritchie's asset management
Increased emphasis on property management for steady income during slow transactions
Lease renewals contribute to business stability amidst economic challenges

https://www.siliconvalley.com/2024/06/04/san-jose-real-estate-property-economy-lease-build-develop-tech-office/

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Savvy Bay Area Real Estate Firm Emphasizes Property Management As Leasing Fades

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