Cresa Albany’s team of professionals provides extensive market knowledge and comprehensive commercial real estate solutions. We have specialized experience in the following services: Tenant Representation, Buyer Representation, Transaction Management, Strategic Planning, Physical Planning, Sublease / Disposition, and Project Management. We apply customized search and analytical processes to negotiate the lease or purchase of office, industrial, warehouse, or flex space that works best for your business goals and bottom line.
About Our Office
Since its original founding as Conley Associates, Cresa Albany’s approach has been strictly oriented to meet the business and real estate needs of its clients. We avoid the potential conflicts of interest other area commercial real estate firms may face when they simultaneously represent both tenants and landlords.
Cresa Albany staff has a depth of professional experience and specialized training to understand our clients’ business as well as analyze both the commercial marketplace and complex real estate transactions. Educational and industry credentials currently held or being pursued by our staff includes: Certified Commercial Investment Member (CCIM), Society of Industrial & Office Realtors (SIOR), Master of Business Arts (MBA), and Member of the Appraisal Institute (MAI).
About Our Region
The Upstate New York office is based out of the state's capital, Albany. New York's
Capital District is centered on four core counties: Albany, Saratoga, Schenectady, and Rensselaer. The primary cities of each respective county are Albany, Saratoga Springs, Schenectady, and Troy. The greater market also includes parts of Columbia, Greene, Warren, and Washington counties. In total, the region includes roughly 40 million square feet of Class A & B office space, 80 million square feet of flex / industrial space, and 78 million square feet of retail space.
The Capital District's economy is driven in large part by a strong employment base in the healthcare industry, information technology, and the educational sector. The area boasts over ten hospitals, and over twenty colleges and universities.
A surge in the high-tech sector has confirmed ‘
Tech Valley’ as the Capital District’s new nickname. For more than a decade, a consortium of state and regional institutions (including
Rensselaer Polytechnic Institute,
SUNY College of Nanoscale Science & Engineering, and
Center for Economic Growth) has been nurturing regional nanotechnology talent and capacity. This consortium ties into the deep research roots already established in
GE Global Research,
Knolls Atomic Power Laboratory operated by Bechtel, and
IBM. Numerous public-private partnerships have leveraged investments from leading electronics (IBM,
AMD,
Global Foundries,
SEMATECH,
Tokyo Electron, Toshiba, &
Lam Research) as well as biotech (
Albany Molecular Research,
Regeneron) firms.