"Right now we have two brokers in the office with plans to add up to five more and the support staff to go with it," Kock tells GlobeSt. "And as the market changes and grows we will add other professionals to that number to adequately accommodate the needs of our clients."
Kock has more than 23 years experience in the Silicon Valley and brings with a strong client-base in the commercial real estate market. In the past he has handled transactions for clients such as Morgan Stanley, Adobe, Aspect, Informix and Novell.
"Jim has extensive experience in the tech market and for us this is a seamless transition," John Young, managing director of CSFB's New York brokerage office. "Jim is a known entity in the industry and to Credit Suisse and their clients, so we feel this is a good opportunity."
Young says the Palo Alto office is strategically located in the Page Mill Road Suburban Office Park where Credit First Suisse Boston currently houses their technology group. Kock says he also may set up and manage a satellite office in San Francisco. Koch is committed to and actively seeking to hire two seasoned commercial real estate professionals to handle San Francisco-area transactions.
"As we increase our geographic reach we are attracting the most experienced brokers who share our vision of the future, and much of our business is focused in San Francisco so having a satellite office there makes sense," says Kock.
Some people may question the expansion during an economic downturn. Kock tells GlobeSt it's about service, and they need assistance in good times and bad.
"Whatever the market condition, our commitment is to adequately expand coverage to meet the demands of our clients and provide them with quality service," James Kock tells GlobeSt. "Right now we are facing a soft market condition and so it's now that our clients need us most. Some of our clients have space and are seeking to sublease that space."
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