Cresa Acquires Elevate Growth Partners in Austin, TX

Austin, TX – December 20, 2022 – Cresa, the world’s leading occupier-focused commercial real estate firm, has acquired Elevate Growth Partners (Elevate), Austin’s premier tenant representation firm. The firm’s staff of 12 makes the move and will immediately operate under the Cresa banner.  Leading the new team will be Principals Scott Studzinski and Logan Dalgleish, while founder Chris Skyles shifts his focus away from the firm to oversee active development projects and AnthemIQ, a proptech company started by Elevate, which is not part of the acquisition. Karra Guess, a Cresa Managing Principal already based in Austin, will join Studzinski and Dalgleish to help lead and grow the office. 

“Austin is an important market and we are excited to welcome this talented group of advisors to Cresa,” said Tod Lickerman, Cresa CEO, “Elevate is a well-respected firm known for their technology focus, tenant advocacy and client service. What a natural fit for Cresa as we continue to expand in Texas.” 

Founded in 2018, Elevate provides tenant representation services with a focus on serving companies in the tech space. The team is comprised of entrepreneurs and industry experts with a powerful understanding of how the right space can inspire innovation and growth. Notable clients include: Walmart Technology, F45 Training, Sapphire Ventures, Multicoin Capital, and Buc-ee’s. 

The acquisition fortifies Cresa’s presence and capabilities in Texas. The cultural alignment allows for a seamless integration, one based upon a strategic and consultative approach to supporting only occupiers, rather than a transactional model. 

Added Studzinski, “We are thrilled to be joining an organization that shares our values and prioritizes the client experience. We are in an excellent position, especially now with a larger platform, to drive growth and influence across the region.”

This is Cresa’s second major acquisition in Texas this year. In March the firm acquired esrp, a leading tenant representation firm based in Dallas, growing their ranks by more than 50+ advisors and staff.