Daschbach Handles $56.4 Million in Leasing Deals.L.A.'s top industrial broker in 1999 credits part of his success to the fact that he represents landlords rather than tenants. "If you have control of the buildings and the product, you're in a stronger position and there's more stability," said Vice President Rooney Daschbach of Trammell Crow F. Trammell Crow (born June 11, 1914, in Dallas, Texas) is an American property developer who created several famous projects, including Dallas Market Center, Peachtree Center (Atlanta, Georgia), and San Francisco's Embarcadero Center. Co. "You're not running around with tenants who come and go. If you don't make one deal, with a listing, you'll make the next one. If you rep tenants, somebody else can come and submit a building, and (tenants) can dump you." Daschbach, 43, was responsible for $56.4 million in leasing and sales deals in 1999, totaling 2.2 million square feet of space located mainly in the communities of Vernon, Monte- bello and Commerce. "He knows his market and he knows how to jump on an opportunity," said Eric Eklund, vice president of AEW AEW Airborne Early Warning AEW Air Expeditionary Wing AEW Airborne Electronic Warfare AEW Agr' Eau' Wat (Canadian agricultural consultant) AEW Amckerns Explosion Wars (Half Life community) Capital Management LLP LLP - Lower Layer Protocol , a pension fund advisor. "At the same time, he's a good facilitator. His likable lik·a·ble also like·a·ble adj. Pleasing; attractive. lik  a·ble·ness, like manner makes it easy for both parties to come to an agreement." As the, institutional owner of a number of local properties, AEW represented about 40 percent of Daschbach's sales and lease transactions last year. At one AEW property, an $8 million development completed last year at 14350 Garfield Ave., Daschbach brokered five to 10-year-lease deals totaling nearly $10 million. The 192,000-squarefoot building is now fully leased. Another major deal was the sale of the Garfield Business Center in Commerce and the Bell Tech Center in Bell by AEW to the Bristol Group. The $40 million package deal represented 670,000 square feet of space. The transaction posed a concern for Daschbach, who doesn't often see the buildings he represents change hands. "The biggest challenge for me last year was that two of my major listings sold, and we had to make sure we won the business from the buyer to continue representing them," said the UC Berkeley graduate. "When something's sold, there's this feeding frenzy feed·ing frenzy n. 1. A period of intense or excited feeding, as by sharks. 2. Excited activity by a group, especially around a focal point: by the community to propose a change in the listing. But they were impressed with our skills through the end of escrow escrow Instrument, such as a deed, money, or property, that constitutes evidence of obligations between two or more parties and is held by a third party. It is delivered by the third party only upon fulfillment of some condition. and retained us." TOP INDUSTRIAL BROKER Winner ROONEY DASCHBACH Trammell Crow Co. Runners Up (Tied) CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. Inc. DOUG SONDEREGGER CB Richard Ellis Inc. |
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