Houston

After consumer demand triggered warehouse/ distribution space needs to skyrocket, lease rates and vacancy have hit historic levels. Download the report to see how industrial sublease space has changed over the past 12 months.

The strategic move bolsters Cresa’s reach, resources and talent across Texas and beyond.

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.

Where and why a business is located has never been more important, and at the same time, the set of variables that must be considered in the site selection process has evolved to become exponentially more vast, dynamic, and complex to interpret. Cresa partners HICKEY and Associates have highlighted the top global cities for innovation and classified the economic ecosystems that are leading the way in several key, driving industries.

Other firms represent both sides of our business, and that’s very significant to our clients. There is an inherent conflict of interest there that we do talk about. We’re free of that. It feels different. It informs how we do our work and I know we do better work because of that.

Veteran real estate leader Greg Schementi has joined occupier-centric commercial real estate firm Cresa as president, based in Chicago. Schementi was hired last summer but only now takes the reins as certain employment restrictions have expired.