Conley Associates renamed Cresa Albany

Tim Conley sold his commercial real estate advisory firm in Albany to Zac Conley, under a succession plan that will keep the elder Conley involved in the business, but no longer responsible for daily operations. "I'm staying on as an independent contractor," said Conley, who started Conley Associates in the early 1990s and affiliated with Cresa, a national firm, in 2011. "I'll be servicing my own clients and be available for any necessary consulting." The firm, now called Cresa Albany, is located at 194 Washington Ave. The firm different from commercial real estate brokers because it specializes in representing only tenants in lease negotiations.