Jeffrey Hartsook has joined the growing office of Cresa South Florida as Principal and Industrial Team Leader.
Cresa recently opened an office in Fort Lauderdale. Hartsook, a resident of Miami, will concentrate primarily on the Greater Miami market.
With more than 14 years of commercial real estate experience, Hartsook provides industrial and flex property solutions for tenants through market and site analysis, site selection and development strategies, financial analysis, transaction structuring, long-term strategic planning, and post-transaction advice.
Hartsook joins Cresa South Florida one month after former Director of Cushman & Wakefield’s South Florida tenant advisory group, Caroline Fleischer, was named Managing Principal of the office, which includes Managing Principal Alexander Brown.
According to Fleischer, Hartsook will play a key role in enhancing the firm’s industrial service line. The firm is aggressively recruiting talent and hopes to add up to 12 professionals to that office this year.
“Right now, we are in contact with many other like-minded professionals in the industrial and office sectors who share our commitment to our nonbiased tenant rep model,” said Fleischer.
“Tenants in the market for industrial space in Miami-Dade County will find lower vacancy, higher rents, and fewer concessions for newer space,” said Hartsook. “However, opportunities still exist for tenants that are able to occupy second- generation space. Companies looking to be owner occupiers and acquire freestanding buildings have limited options. On the other hand, if a corporation is looking to sell its facility, the market is being generous as we are approaching the highs we saw in the last cycle.
“I look forward to helping my clients find appropriate solutions by applying my skills in site selection, acquisition, disposition, financial analysis, and strategic planning.”
Most recently, Hartsook served as a Commercial Associate at Americas Industrial Realty Corp. Previously, he was an Associate Director at Capital Commercial Group and an Office Specialist at CBRE.
Hartsook has a Bachelor of Science in Political Science from Florida State University. He is a board member and Secretary of the Commercial Industrial Association of South Florida (CIASF). Additionally, he is bilingual in English and Spanish, having earned a Certificado De Asistencia from Universidad International Menendez Pelayo, Santander, Spain.
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