About
Professional Summary
Preston Thomas' primary focus is in representing corporations, landlords, tenants and investors in the acquisition, disposition and leasing of office, industrial and retail space in the City of San Luis Obispo.
Preston Thomas is arguably the most active broker in the San Luis Obispo commercial real estate market place. He places tenants on a weekly basis, and is quite aware of the current trends and on goings in the City of San Luis Obispo's leasing and sales marketplace. Preston places on average over 50 tenants and buyers per year. His leases and sales range in size from 500 square feet up through the disposition of a 156,000 square foot office/industrial asset. Preston is well liked in the marketplace and is one of the few to say, that he cooperates with every single broker/agent in the market. Preston is also the most knowledgeable in regard to lease rates, lease transactions and tenants in the market. This is carried over from his previous employment as an Assistant Appraiser and the understanding of the importance of current comparable data.
Education
Preston graduated from Cal Poly, San Luis Obispo in 2003, with a Bachelor of Science degree in Agricultural Business, with a concentration in finance, appraisal and real estate. He received his California Department of Real Estate License in 2003.
Memberships & Involvements
- International Council of Shopping Centers Member (ICSC)
- Highly Coveted SIOR Designee - Society of Industrial and Office Realtors Member – Office Specialist (SIOR)
Clients
Notable Sales
- Disposition of 10 Pension fund building assets in the City of San Luis Obispo for American Realty Advisors/SLO County Employees Pension fund ($40 Million+ value)
- Disposition Advisor to the first Asset sale for Sears Roebuck Co. Bankruptcy, with the sale of a San Luis Obispo Sears Asset.
- More Downtown Building, Industrial Building, Office Building and Land sales in the City of SLO than any other broker in the marketplace over the last 5 years.
- Disposition of REO assets for Union Bank of California 1. DMV location - GSA leased investment, Paso Robles 2. Former Downtown Bank Branch - 5,000 SF, Paso Robles 3. Key Downtown Infill Development parcel, Paso Robles 4. High visibility freeway CS zoned parcel, Paso Robles
- Disposition of REO assets for Santa Barbara Bank and Trust/Pacific Capital Bancorp 1. Prominent Downtown Office Building, 5,000 sf, San Luis Obispo 2. Industrial zoned parcel with high site constraints, San Luis Obispo
- 156,000 SF disposition of Industrial/Manufacturing facility near San Luis Obispo Airport, as ordered by the Probate Court of California.
- 26,000 SF Industrial/Manufacturing facility on 3 acres in the City of San Luis Obispo, in the height of the recession, in 2010 to owner/user. Arguably the largest commercial sale in the City during the last recession period.
- 57,858 SF, NNN leased investment – FedEx Industrial Facility, San Luis Obispo
- 40,500 SF, Industrial/ Distribution Facility, San Luis Obispo
- 40,586 SF, NNN leased investment – Class A Office Building, San Luis Obispo
- 32,400 SF, NNN leased investment - Industrial/manufacturer use, San Luis Obispo
- 25,400 SF, NNN leased investment – Retail Strip Center, San Luis Obispo
- 24,500 SF, NNN leased investment – Class A office building (Nicest office building in the City of San Luis Obispo)
- 24,400 SF, NNN leased investment - Industrial use, San Luis Obispo – sold twice
Notable Leases
- Successful leasing of 1026 Chorro Street and 997/999 Monterey Street, for Jamestown Premier Properties/Copeland Properties. Two Class A Downtown office assets, considered the most high end office space in town. (Court Street Center - lifestyle center and 1026 Chorro- prime office suites)
- Successful leasing and repositioning of 1327 Archer Street office Building.
- Successful leasing of 35 Casa Street, Class A medical office building located on the campus of Sierra Vista Hospital - 45,000 SF, for Healthcare Trust of America - publicly traded REIT - ticker symbol HTA.
- Successful leasing of Higuera Plaza retail shop portion. Five shop suites located in the Trader Joe's/Food 4 Less Center, Higuera Plaza, San Luis Obispo for M. Timm Development Company.
- Successful leasing of the 3970-3988 Short Street, industrial flex suites - ranging in size from 3-8,000 SF, 10+ units.
- Successful leasing of newly built 5,500 SF high visibility retail pad building in the Village at Broad/Fresh and Easy Center, San Luis Obispo. The first Spec building in San Luis Obispo to be built and leased after the recession.
- Successful leasing of the currently under construction 2252 Broad Street pad building,. Located in the Village at Broad.
- Successful leasing of Heritage Plaza. Redevelopment of retail building into multiple retail/office tenant suite in Downtown San Luis Obispo, 13,000 SF, 6+ Tenants.
- Successful leasing of the Bear Valley Shopping Center - 26,000 SF, CS zoned high exposure retail center (1,200 SF suites). First time full since built in 1984, near Target/Costco, San Luis Obispo.
Services
Service Lines
Property Type
My Team
My Team
Tony Andreini began his commercial real estate career in late 2015 on the Central Coast. While working on a team, Tony was able to deal in many different types of assets including Retail, Office, Multifamily and Investment Real Estate as well as assist clients with 1031 Exchange needs. In 2016, his team proudly produced over $15,000,000 in real estate transaction and in 2017 produced over $17,000,000. Recently joining Colliers International in Pismo Beach, Tony will continue to pursue his passion in commercial real estate in the Colliers environment that fosters collaboration and teamwork.
Tony strives to be an essential commercial real estate resource and advisor for his clients and strongly believes that the best method to approach real estate is based on education and service. His dedication to providing the highest quality of professionalism, honesty and service results in maximum value and satisfaction to his clients
Tai Martin has been a commercial real estate broker specializing in retail, offic e and investment properties along California’s Central Coast, completing over 500 transactions over the past 25+ years. Mr. Martin’s diverse assignments have included investment sales of shopping centers & commercial buildings, leasing retail and office developments and representing national clients including Vons, Dollar Tree, Rite Aid, Walgreen’s, Mutual of New York, Hollywood Video and Bank of America, among others.
In 1986 John began his real estate career as a sales and leasing agent specializing in Industrial and Investment properties with Colliers Tingey. And in 1998 John joined Fortune Associates, continuing to specialize in Office, Industrial and Investment properties.
After 30 years in the Central Valley, John joined Rossetti Company Commercial Real Estate in 2015.
Since starting in the Real Estate Business, John has leased and sold more than ten million square feet of commercial, office and industrial space and has been involved in sales transactions totaling more than $100 million.
Jessica manages business development and streamlines marketing efforts for the agents in the Colliers Central California offices, and has been working alongside their teams since 2017. With roots as a Marketing Administator on the Central Coast, Jessica impressed local agents and office with her ability to strategically to coordinate more advanced marketing efforts and bring new solutions to light.
Jessica spearheads the creation and distribution of local marketing materials, the curation the internal client databases and listing updates, and the day-to-day magagement of a breadth of web listing platforms. By assisting agents in the listing process and providing access to best-in-class Colliers tools, technology and referalls, Jessica serves as a strong liaison among the Central California teams, providing the open communication necessary to keep agents, listings, and operational parties up-to-date and relevant.
In 2021, Jessica was promoted to regional director of marketing and works with executives in Colliers Fresno, Bakersfield and the newly- established San Luis Obispo offices. In this role, she works to help maintain a number of Class-A property portfolio efforts and procure consistent successes for associates in the region, while continually leading in the development of fresh stradegies and solutions.
