Insight

Gibson & Granello Realty Partners, LLC Merges with CresaPartners Houston

August 31, 2011
Houston, Texas - August 23 - CresaPartners announced today that it had merged with Gibson & Granello Realty Partners, LLC and will be known as CresaPartners-Houston. The two companies individually were among the most active commercial real estate brokerage firms in the city. The combined group unites two market leaders.

The new company will be led by a group of four industry veterans: André Granello, Barrett Gibson, David Price and Chuck Goldstein. Sue Rogers, Julie King and Kevin Gardner will continue to be part of the company's leadership team.

André and Barrett will lead the management effort for the new company. When asked what prompted them to make the transition, André replied, "We felt CresaPartners’ national platform and its proprietary resources strengthened our service deliverables to our clients. Over the past several years, although we had built a respectable group, we realized that to grow more aggressively and increase our ability to compete, we had to make some bold moves. After interviewing nearly every available national provider, we made the decision to invest in CresaPartners".

Barrett commented on the new partnership, “CresaPartners has an impressive national platform with legitimate international coverage through its partnership with Savills. The strong foundation provides us with the confidence that we can accomplish considerable things at this level. Furthermore, we consider ourselves very fortunate to be teamed up with the industry veterans that make up the local CresaPartners leadership".

On the merger, David said, “We now have a great mix of seasoned industry pros and a genuine collection of up-and-comers. We feel like the future is bright with this group and we want to continue to grow". Chuck added, “We are actively looking for other high level producers to join the team who fit our culture. We have always prided ourselves on being a group that cultivates a team-oriented, open-door approach to the business and we want to continue that tradition".

Bill Goade, Chief Executive Officer of CresaPartners, LLC added: “We are delighted to have Gibson & Granello merge with our Houston office. Their like-minded approach to client service and tenant representation fits perfectly with our culture and significantly strengthens our capability in the Houston market."

The integrated company will house nearly thirty professionals specializing in office, industrial, retail, investment sales and project management.

About CresaPartners
CresaPartners 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, CresaPartners 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, CresaPartners covers more than 255 locations in 40 countries. For more information visit www.cresapartners.com