CresaPartners completes lease renewal for Phillips Lytle

Phillips Lytle, LLP, a 175-year old, Buffalo-based law firm with offices across New York State, recently renewed their lease and expanded their footprint in downtown Albany. CresaPartners served as their tenant representative. CresaPartners conducted an extensive site search and analysis, which established a competitive environment between downtown locations and suburban sites that offered more parking. CresaPartners' comprehensive research and negotiation process obtained favorable lease terms and even more significantly, reduced the client's overall costs below their prior lease term. Phillips Lytle was founded in 1834 by Orasmus Marshall and is now a pre-eminent New York State law firm with clients ranging from family businesses or startups to Fortune 500 companies. The firm's practice includes representation on the national stage in areas such as litigation, telecommunications, bankruptcy and intellectual property. CresaPartners is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services.