News: Brokerage

Cresa reveals results of Board of Directors elections

Cresa, one of North America's largest tenant representation firms, has unveiled the results of elections to its Board of Directors. David Prevé and Rich Rhodes were re-elected to the board and have been named chairman and vice chairman respectively. With 30 years of experience Prevé is one of the founding members of Cresa and is the managing principal of Cresa Miami, while Rhodes is a managing principal for Cresa Washington DC with 28 years of commercial real estate experience. In addition, Jim Byrd, managing principal of Cresa Atlanta has been elected to serve a two year term on the board. Byrd is the co-founder of the Atlanta office of Cresa and has 36 years of experience. Four others, including Mark Ayers, Jack Burns, Phillip Infelise and Jeff Manley were all reelected to a two year term on the board. "Cresa's culture is based on collaboration, and this board exemplifies that principle," said Jim Leslie, CEO of Cresa. "We are in a phase of dynamic growth in our organization and this leadership team has the talent and creativity to meet the challenges associated with this type of change," he said. Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Portfolio Strategies, Location Planning, Lease Administration, Capital Markets, and Facilities Services. With more than 57 offices, Cresa is the largest tenant representation firm in North America. Through its partnership with Savills, one of the world's largest commercial real estate services firms; Cresa covers more than 255 locations in 40 countries.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their