Thank you for visiting the Boston web page of Cresa. With our firm's headquarters in Boston and a regional office in Providence, RI, we are New England's largest commercial real estate advisory firm specializing in tenant representation.
Despite these times of economic uncertainty, our firm offers clients a stable partner with no debt, increasing revenue, and a growing talent pool. As we celebrate our 25th Anniversary, we look forward to adding value to your organization through our dedicated service.
Our team provides strategic and customized real estate solutions for occupants, implemented through our national and global platform. Since we exclusively represent tenants, not landlords, we avoid potential conflicts of interest. Our objectivity and commitment to corporate real estate services—such as Strategic Planning, Project Management, and Transaction Management—distinguish us from other traditional firms.
We represent clients of all sizes and have the flexibility to scale our services to meet their needs. Our clients, with portfolios ranging from 1,200 square feet locally to 12 million square feet globally, typically view our advisors as an extension of their internal resources. Through our customized approach, we implement solutions ranging from one-time local real estate transactions to management of entire global real estate portfolios. Our strategic alliance with Savills allows us to provide service to international clients in North America, Europe, and Asia Pacific. For more details on this alliance, please click here.
Led by principals with an average tenure in excess of 20 years in the industry, our team has a proven track record of finding successful real estate solutions for clients in downtown Boston and surrounding submarkets.
This year, we were selected as one of the "Best Places to Work" by the Boston Business Journal for the fifth time in six years, as well as recognized by the CoStar Group as one of the nation's 'Top Brokerage Firms" for the third year in a row. These awards are the latest in a string of successes for our firm, which achieved record results in 2010 for total transactions and revenue growth. We also earned a Certificate of Sustainability and Best Practice designations by Boston's Sustainable Business Leader Program. To learn more about our extensive history, please see the Boston Fact Sheet.
Our Boston office tracks local real estate market statistics in seven primary geographic submarkets—downtown Boston, Cambridge, Route 128 North, Route 128 South, Mass Pike/ Route128 West, Route 495 North, and Route 495 Central/Metrowest—with expert advisors in each submarket. While market conditions are changing, we expect that it will remain a tenant's market for the rest of this year. Companies that plan ahead still have an opportunity to lock into favorable terms, whether they are relocating or renewing and restructuring their leases. Please refer to the Boston Tenant's Guide and Submarket Tenant Guides (on the left) for current market statistics such as average rental and vacancy rates.
The Greater Boston area continues to have a strong mix of business activity, including a significant presence of organizations in the fields of education, healthcare, financial services, technology, biotech, law, and other professional services. We meet the requirements of this diverse cross section, whether companies need office space in the Central Business District or R&D space in outlying areas.
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, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Portfolio / Lease Administration, Capital Markets, Sustainability, Industrial / Supply Chain and Facilities Management. With more than 55 offices, Cresa is the largest tenant representation firm in North America. Through its alliance with Savills, one of the world's largest commercial real estate services firms, Cresa covers more than 255 locations in 40 countries.