{"id":1004189095,"date":"2017-08-30T10:14:53","date_gmt":"2017-08-30T18:14:53","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004189095"},"modified":"2022-12-07T13:41:14","modified_gmt":"2022-12-07T21:41:14","slug":"bgl-expands-socal-presence","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bgl-expands-socal-presence\/","title":{"rendered":"BGL Expands SoCal Presence"},"content":{"rendered":"<p>By Ariela Moraru<\/p>\n<div id=\"attachment_1004189104\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/12707-High-Bluff-Drive-San-Diego.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004189104\" data-attachment-id=\"1004189104\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/bgl-expands-socal-presence\/12707-high-bluff-drive-san-diego\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/12707-High-Bluff-Drive-San-Diego.jpg\" data-orig-size=\"1165,927\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Ariela Moraru&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1504118226&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"12707 High Bluff Drive, San Diego\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;12707 High Bluff Drive, San Diego&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/12707-High-Bluff-Drive-San-Diego.jpg?w=1024\" loading=\"lazy\" class=\"wp-image-1004189104 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/12707-High-Bluff-Drive-San-Diego.jpg\" alt=\"12707 High Bluff Drive, San Diego\" width=\"300\" height=\"239\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/12707-High-Bluff-Drive-San-Diego.jpg 1165w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/12707-High-Bluff-Drive-San-Diego.jpg?resize=300,239 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/12707-High-Bluff-Drive-San-Diego.jpg?resize=768,611 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/12707-High-Bluff-Drive-San-Diego.jpg?resize=1024,815 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004189104\" class=\"wp-caption-text\">12707 High Bluff Drive, San Diego<\/p><\/div>\n<p>BGL Real Estate Partners, a division of Brown Gibbons Lang &amp; Co., has opened an office in San Diego to better service the real estate market in Southern California. This is the company\u2019s fifth office after Chicago, Cleveland, San Antonio and Philadelphia. Managing Director Christopher Stai will run the San Diego office and Joshua Rees has joined the team there as an associate in the national health care real estate group.<\/p>\n<div id=\"attachment_1004189100\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Joshua-Rees-BGL.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004189100\" data-attachment-id=\"1004189100\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/bgl-expands-socal-presence\/joshua-rees-bgl\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Joshua-Rees-BGL-e1504107533540.jpg\" data-orig-size=\"999,867\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Ariela Moraru&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1504117464&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Joshua Rees BGL\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Joshua Rees&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Joshua-Rees-BGL-e1504107533540.jpg?w=999\" loading=\"lazy\" class=\"wp-image-1004189100 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Joshua-Rees-BGL-e1504107533540.jpg\" alt=\"Joshua Rees\" width=\"300\" height=\"260\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Joshua-Rees-BGL-e1504107533540.jpg 999w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Joshua-Rees-BGL-e1504107533540.jpg?resize=300,260 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Joshua-Rees-BGL-e1504107533540.jpg?resize=768,667 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004189100\" class=\"wp-caption-text\">Joshua Rees<\/p><\/div>\n<p>In his new role, Rees will focus on advising physician-owners, as well as public and private owners of health care real estate, on single-asset and portfolio dispositions, sale-leasebacks, debt-equity recapitalizations and tax-deferred strategies, such as 1031 exchanges and UPREITs. Rees joins from Knight Frank\u2019s London office, where he specialized in the disposition of health care real estate assets, including medical office buildings, ambulatory surgery centers, short-stay hospitals, inpatient rehab facilities and other inpatient and outpatient facilities. Rees will also\u00a0provide clients with the ability to leverage foreign investment demand and further broaden their investor base. San Diego was named the second most expensive <a href=\"https:\/\/www.commercialsearch.com\/news\/the-mob-cure-cbre-report\/\">medical office market<\/a> after New York in the first quarter, according to a CBRE report, with one of the highest rent growths in the country since 2010 (9 percent), and a vacancy rate of 7.5 percent.<\/p>\n<p>Located at 12707 High Bluff Drive, suite 200, the 4,841-square-foot San Diego office replaces the firm\u2019s office in Irvine, Calif., which opened in 2014. CBRE handles leasing efforts for the Class A asset, which was built in 1986 and is owned by Equity Office Properties Trust.\u00a0<\/p>\n<p><em>Image courtesy of BGL Real Estate Partners<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Joshua Rees joins the firm\u2019s national health care real estate group in its newly opened office in San Diego, which replaces its location in Irvine, Calif.<\/p>\n","protected":false},"author":960,"featured_media":1004189104,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21754,21742,21747,21744,1608,15],"tags":[37412,32789,33781,36278],"class_list":["post-1004189095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-medical-office","category-latest","category-office","category-people","category-san-diego","category-west","tag-brown-gibbons-lang","tag-cbre","tag-equity-office","tag-medical-office-building"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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