BOSTON—January 2015—Cresa, the world’s largest corporate real estate advisory firm exclusively representing tenants and occupiers, is strengthening its integrated corporate services with the addition of the Cresa Consulting Group (CCG). The new group, formerly a well-established independent firm known as Honour Consulting, includes a large staff of seasoned industry professionals led by partners Jeff Estep, who served as Honour CEO, Rick Ybarra, and Matt Ryder. While Estep and Ryder are based in Atlanta, and Ybarra is in Nashville, CCG team members are located at multiple sites throughout the country, providing “true operational consulting services” to Cresa’s offices and clients worldwide.
Estep founded Honour in 1999, building a robust practice based on a strategy that aligns operations, real estate, labor, and location planning. Between 2006 and 2012, Honour developed and directed the global consulting practice at Newmark Grubb Knight Frank.
“We have great expectations for the Cresa Consulting Group, which will be a key resource that complements and expands our existing service lines,” says Matthew Feeney, Cresa Chairman. “CCG brings a strong, multi-dimensional team with diversified backgrounds and broad industry expertise and experience. They offer sophisticated operational consulting that benefits a wide variety of organizations. They are also like-minded in their integrated, no-conflict approach, making them a great fit with our firm.”
Feeney says that CCG will be active in new business development and has already helped Cresa win a number of accounts.
“This is a terrific opportunity to join the world’s leading tenant rep advisory firm,” says Estep. “Our entrepreneurial spirit and commitment to tenants make us a great match with Cresa. We look forward to working with Cresa’s existing resources and adding value in helping clients align their operations with real estate portfolios and long-term business plans.”
He points out that he and his colleagues are pure consultants who focus on productivity and cost optimization.
CCG brings a “strategy through implementation” approach customized for different industries. Its expertise includes complex program management, location strategy, business process improvement, sourcing and procurement, decision modeling, consensus building, alternative workplace strategies, supply chain logistics, and government incentives negotiation.
“There is a demonstrated need for these consulting services among our clients and in the industry at large,” says Feeney. “We are always looking for ways to provide more value to tenants, and we expect this group to grow and help us deliver real estate solutions that support our clients’ long-term business goals.”
Cresa is the world’s largest tenant-only commercial real estate firm. In representing tenants exclusively—no landlords, no developers—Cresa provides unbiased, objective advice. Integrated services cover every aspect of a real estate transaction from site selection and financing to project management and relocation services. Cresa offers clients customized solutions with more than 60 offices in 75 markets worldwide. For more information, visit www.cresa.com.