Finding office space that can support a nonprofit’s needs and mission isn’t always easy. Fortunately, Cresa knows how to turn this challenge into a strategic opportunity.
Cresa promoted Sean Heaton and Blake St. Onge to principal in the firm’s Portland office. Heaton opened Cresa’s Portland office in 2015.
“It is virtually impossible to overstate how significant this is to the Vancouver office market,” says Ross Moore, a tenant leasing specialist with Cresa brokerage house in Vancouver.
The new hires are part of the Dallas office’s plans to grow revenue to $20 million+.
The rapid spread of COVID-19, and the public health measures taken to reduce its deadly impacts, have caused significant disruptions to global economic markets. Due to widespread business closures in America’s largest urban markets, and uncertainty over the duration and recovery of the pandemic, commercial real estate markets will face challenges in the coming years.
As a result of widespread layoffs, interrupted cash flow for businesses and the forced efficiency of work-from-home, many companies will conclude that they do not need the same amount of office space as they did before the pandemic began.