In the Spotlight
CresaPartners Recognized as One of Lipsey Company's Top Commercial Real Estate Brands
March 8, 2010Each year, the Lipsey Company, a training and consulting firm that focuses on the commercial real estate industry, conducts its Commercial Real Estate Top Brands Survey. More than 50,000 practitioners and industry leaders were surveyed and interviewed, and CresaPartners ranked seventh out of twenty-five corporate real estate brands. Click here http://www.lipseyco.com/pdf/2010.pdf to see the full results.
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Ed Hoel Receives TBJ SPACE Award for Largest Sale of the YearMarch 1, 2010 Congratulations to Ed Hoel, managing principal in our Raleigh office, for receiving the SPACE award from the Triangle Business Journal for the largest commercial real estate sales transaction of 2009 in the Raleigh-Durham area. Hoel represented EMC Corporation as they looked to expand their operations in the Triangle area, resulting in the purchase of a 450,000 SF industrial facility on Surles Court in Durham, NC. The SPACE awards are given out annually to honor the area’s commercial real estate leaders. “Servicing EMC on a transaction of this size is one of the highlights of my career and a testament to our office’s potential,” said Hoel. |
CresaPartners Connection Now Available
New Year But Same Challenges
February 22, 2010
It’s a new year, and there are hints of hope regarding the economy. But there’s no quick fix for the commercial real estate market. In the latest edition of the CresaPartners Connection, we address the need for tenants to carefully assess market conditions and maximize their leverage while they still can.
We examine opportunities for corporate space users in the following pieces. The lead story focuses on a slow-to-recover job market and what this means for tenants. MarketTrends highlights the long-term toll and the lingering implications of the recession. And GoingGreen outlines small steps companies can take to promote sustainability without making a big investment. In TenantTips and StrategiesThatSave, we suggest how you can do more with less space and creative Project Management. In ClientCorner, we illustrate how companies like HealthPort are taking advantage of market conditions in a flight to quality.
Read more about these topics and articles from previous Connection newsletters here: http://www.cresapartners.com/news/newsletters.asp.
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Bret Hefton Chosen as Member of Dallas Leadership CouncilFebruary 15, 2010 Congratulations to Bret Hefton, vice president in our Dallas office, for being chosen as a member of the 2009-2010 Associate Leadership Council (ALC). The ALC is a nine-month leadership development program for 27- to 37-year-olds in the commercial real estate industry. The program is run by the Real Estate Council, an organization of Dallas real estate professionals founded in 1990. Bret was chosen for his exceptional leadership abilities and commitment to community service. As part of the 25-person council, Bret will help choose and execute a real-estate related community service project. “Bret is a dedicated, top-producing member of our staff,” said Scott Jones, principal, CresaPartners Dallas. “We are proud to have him receive this great honor and represent our company on the ALC.” |
 James Hunt, chief of environment and energy, City of Boston, and Laury |
CresaPartners Recognized as a Sustainable Business Leader in BostonFebruary 9, 2010 CresaPartners recently received a Certificate of Sustainability from Boston’s Sustainable Business Leader Program (SBLP)—a program assisting small-to-medium size businesses in their pursuit to become more environmentally sustainable. CresaPartners, one of the original 27 participating Boston companies, also received “Best Practice” designations from SBLP for electrical and waste conservation and for increased communication with employees and clients about sustainability initiatives. CresaPartners was recognized for completing SBLP’s action steps and making a significant contribution to reducing our carbon footprint, including: indoor green vegetation to improve air quality; purchasing less-toxic, green cleaning products; instituting an aggressive recycling program; and using Energy Star equipment to conserve energy. CresaPartners has also upgraded office lighting that will save an estimated 5,132 Watts and 14,264 KWH this year. “CresaPartners has met our program’s challenges and is embracing SBLP’s mission of becoming a more sustainable company,” said Laury Hammel, director, SBLP. “CresaPartners has also fulfilled the management component of our program by beta testing it in Boston and then rolling it out nationally as a corporate initiative.” “We think it’s important for CresaPartners to lead by example in the sustainability movement, in our headquarters in Boston and throughout the country,” said Bill Goade, CEO, CresaPartners LLC. “We have made an investment to green up our operations, and it’s already paying off for the environment. Our participation in the SBLP has only deepened our commitment to sustainability as a company.” |
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Calgary Office Sponsors K2 Race Series for 2010 Ski SeasonFebruary 1, 2010 CresaPartners’ Calgary office is sponsoring the K2 Race Series, a ski racing program for 13 and 14 year olds. The program is run by Alberta Alpine and supports young athletes learning key athletic, team-building, and leadership skills across the province of Alberta. As part of the sponsorship, CresaPartners provides all of the equipment for the ski club’s host races. The CresaPartners K2 Race Series kicked off in early January, and will continue throughout the 2010 ski season. “We’re thrilled to be the presenting sponsor of the K2 Race Series in Alberta. The commitment, athleticism, and work ethic shown by these young racers is remarkable,” said Gary Jones, managing principal of CresaPartners’ Calgary office. “We’re confident our investment will go a long way to ensuring Alberta Alpine can continue to offer programs that produce both world-class athletes and citizens.” |
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Barbara Liberatore Black Named as a Woman of InfluenceJanuary 25, 2010 Congratulations to Barbara Liberatore Black, founding principal of our Miami office, for being named a Woman of Influence for the second year in a row by Real Estate Forum and Real Estate Florida magazines. These awards are given to accomplished women in the commercial real estate industry in recognition of their career achievements. Black was one of 51 women chosen out of 250 nominations. She has been involved in transactions totaling more than seven million SF and has served as the exclusive representative of all Merrill Lynch real estate requirements throughout the Southeastern United States for more than 25 years. “Barbara’s dedication, professionalism, and passion have always been the essential elements of her success,” said David Prevé, founding principal of our Miami office. “We are very proud of her achievements both in her real estate career as well as her commitment to the South Florida community.” |
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Managing Principal Craig Zodikoff Joins San Francisco OfficeJanuary 18, 2010 We are pleased to announce the addition of Craig Zodikoff, managing principal, to the San Francisco office. Craig has worked in commercial real estate for more than 13 years and was previously with GVA Worldwide and Equis Corporation. He has a diverse real estate experience, leading projects within every asset type and across many industries, including more than 4.5 million square feet of build to suit projects. Prior to his time in corporate real estate, he worked as an attorney focusing on corporate law, bankruptcy, and commercial real estate. Craig received a BA from Vassar College and a JD from the University of Denver. “We are glad Craig joined the CresaPartners family and expect that he will help lead and grow the San Francisco office,” said Bill Goade, CEO, CresaPartners |
Boston Office Raises Funds to Benefit Cancer Research, Honor Principal’s Son
January 11, 2010
Members of our Boston office participated and raised funds in last year’s Jimmy Fund Walk as part of Team David, organized in honor of Managing Principal Bob Shulman’s son, a cancer survivor. Launched in 1996, Team David has worked tirelessly to raise money for vital cancer research at Dana-Farber Cancer Institute. In 2009, the team raised more than $67,000, bringing Team David’s total fund raising to nearly $600,000.
CresaPartners Welcomes our New Connecticut Office
January 4, 2010
We are pleased to announce the opening of our Norwalk, CT office, which will service corporations in Fairfield County, CT and Westchester County, NY. Seasoned advisors Jeff Gage, formerly of Jones Lang LaSalle, Shelly Russo, formerly of Digitas, Inc., and Judd McArthur, formerly with our NY office, comprise our new Connecticut team.
Each member of CresaPartners’ Norwalk office has more than 20 years of commercial real estate experience. McArthur and Gage have strong track records of providing local clients with superior Transaction Management services, and Russo brings the execution and Project Management skills that she perfected while at Digitas, Inc. and IDX (now GE Health).
“We’re pleased to have a like-minded team of accomplished advisors join the CresaPartners family,” said Bill Goade, CEO, CresaPartners. “They will continue to recruit local market talent who are dedicated to the tenant representation model and will undoubtedly grow our Connecticut office.”