Beyond space. 

Global property consultancy Knight Frank, and Cresa, the world’s largest occupier-centric commercial real estate firm, have today announced their new partnership to deliver occupier real estate services globally.

There’s been a lot of news recently about the financial pressures facing suburban Chicago commercial office landlords who have financed their office buildings via commercial mortgage-backed securities (CMBS) loans. While the financial challenges these buildings face continue to grab the headlines, there is a much less visible yet greater amount of privately funded commercial office landlords that could be facing dire financial changes over the next couple of years.

Cresa has represented tenant Exostar LLC in its 21,500-square-foot lease at Dulles Metro Center, a 225,029-square-foot, eight-story office building located at 2325 Dulles Corner Boulevard in Herndon, VA.

The space was designed as a showplace and “test lab” for workplace planning concepts and allows Cresa to test out new ideas in real time, while at the same time, show clients and visitors alike how workplace planning can impact employee work and productivity.

The disruption of global supply chains has caused ripples throughout the shipping and freight industry. Companies are hoping that 2023 provides some stability.

Mindy Saffer and Jake Ruben of advisory firm Cresa represented Standard Solar, a company that is involved in the development, funding, ownership, and operation of commercial and community solar assets.

Cresa workplace executives, Tricia Trester and Jenny West, spoke at the WorkTech Financial NYC Conference, joining leaders from the globe’s most trusted financial brands to share what’s working now.

After several years of disruption, volatility, and complexities, logistics companies are hoping for a more stable 2023.